Shredder Specialists, Galvo Shredders, Highlights the Need for Businesses to Use Paper Shredders
Identity fraud is not something that just affects an individual. Galvo Shredders is using National Identity Fraud Month to remind businesses that company fraud is preventable with awareness.
October is National Identity Fraud Prevention Month and UK paper shredder specialists, Galvo Shredders, is taking the time to highlight to businesses what their responsibilities are in safeguarding information and combatting the fastest-growing white collar crime in the UK.
Many businesses, especially smaller businesses, are unaware that they have legal responsibilities under the Data Protection Act 1998 that are enforceable with fines and even the imprisonment of company directors. Under the Act, companies must safeguard information and, when that information is no longer needed, it must be destroyed securely. The Act covers CDs, DVDs, computers and disks; in fact, any medium that has a person’s information on it.
While complying with legislation is obviously very important, businesses should also remember that they also can become victims of fraud. Letterheads, invoices and company documents can all be used by a fraudster to generate false company addresses, bank accounts and even directors. With this information, fraud can be committed against the company or the fraudster could use the new identity to gain goods or services from another business.
Piers Chapple from Galvo Shredders said: “Most businesses tend to be over-exposed to this type of crime and it’s very important that awareness is increased. All staff need to understand the issue of fraud and their role in preventing it, both to prevent fines but also to limit huge brand reputation issues.
“The first line of defence against this type of fraud is using a paper shredder to destroy any document or media that can be used by a fraudster. Working with a shredding machine specialist, such as Galvo Shredders, will ensure that a business has the right shredder for the job.”
Galvo Shredders can help businesses determine the right paper shredder for their needs based on the number of staff, the volume and type of shredding, and the level of security needed for the situation.
“The current environment is tough for any business. This makes it even more important that businesses don’t have the distraction and damage caused by company fraud,” concludes Piers.
- Contact Information
- Piers Chapple
- Galvo Limited
- (44) 1923601005
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