It is a well known fact that identity theft is a huge crime and a multi-billion dollar criminal industry. This is how many organized crime families are funded. Just one piece of confidential information from your trash is all that is needed for criminals to steal your personal identity. After gaining this information they can use skills and specialized equipment to then create fake identities.
Finance companies, hospitals and banks are all known sources of private information which must definitely be shredded into small pieces to keep client confidentiality preserved. However it must be noted that the responsibility needed for managing the throwing out of confidential and private documents is a massive priority in every industry. Investors, shareholders and also internal staff have all been motivated to gain access to private information. A paper shredding procedure has become a normality in most large corporations.
Any company which gives a service where an expectation of confidentiality is required legally to take reasonable steps ensuring that all privacy is completely protected. If there is confidential information needing to be disposed, the safest way to do this is to actually destroy the document. This is why paper shredding is so important and viewed as the safest way to get rid of old private documents. Shredding is fast and effective making it very efficient. After the documents have been shredded they can then be recycled easily with no risk whatsoever to any company.
There are actually three different methods of paper shredding available. These include strip cut, professional firm and cross tab. All of these methods do provide an equal level of great assurance that the paperwork has genuinely been destroyed. Paper shredding is a very straight forward and effective way to permanently dispose of old personal and private information.
It is highly recommended that you invest in a paper shredder or hire a company that can do this for you as you certainly do not want to become a victim of identity theft. All methods of document shredding are as effective and will make sure that your information will not enter the criminal environment. No matter what industry you work in, a document shredder will almost definitely come in handy and you will more than likely need to use it at some point. All types of document shredders are effective so it is entirely up to you which size or type of shredder you want to use.