Company bins provide rich pickings for fraudsters_2
7 September 2012
Despite tightened data protection legislation, UK firms are failing to securely dispose of company information causing an increase in identity fraud, according to credit reference firm Experian.
Working with the London Borough of Camden, Experian analysed the bin contents of 71 companies in the Camden area for documents that could aid identity fraud.
The research revealed that 44 per cent of the companies surveyed disposed of whole invoices and almost half (45 per cent) threw away complete sheets of headed paper containing full company details.
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