Identity theft does not only target individuals but corporations and businesses as well.
To date, the projected loss of various businesses, stores and credit card firms due to identity theft is close to 3 billion dollars.
That is a lot of money considering that identity theft is a very recent crime.
It is therefore imperative for any business owner to safeguard their practices as well as their clients and customer's personal details.
There are a couple of things that you can do to prevent your business from identity theft.
For one, you can start implementing a new system that will protect the personal information of your customer's as well as business data.
You also need to be sure that whatever transactions that your business conducts online should be done over a secure network to prevent hackers from getting into your system.
You can also hire a trustworthy alarm monitoring company who can further provide assistance in your pursuit to protecting the premises of your businesses as well as other assets.
To secure the physical structure of your company, you can have alarm and security surveillance camera systems installed so you can deter any attempts to break into your business.
This way, you can be sure that your data, documents and files are safe from identity theft.
To further secure the premises or physical structure of your company, you can have shatter proof glass installed as well as quality locks mounted on doors and windows.
Of course, it is not enough to secure the premises to protect whatever is inside.
The thrust of your company-your clients and customer's personal data, business records and files and financial documentations-should also be stored in locked filing systems whose keys should be entrusted only to someone who is trusted within the company.
On the other hand, if you keep soft copies of your business data, client and customer's information, and financial documentations, then you need to create a back up file of these data for safekeeping.
The backed up data should be updated every week, if everyday is not possible.
All these records and files, hard copies or soft ones, should be kept in a fire proof safe.
It is also wise to keep duplicates of every document which will be kept in a separate safe.
Business records of any sort and other pertinent documents should be disposed of properly and simply thrown outside the trash, exposed for everyone to see.
Identity thefts are still carried out by dumpster divers.
If you are not careful with the trash that you throw out, then there is always the possibility that you will be a victim of identity theft.
Shred your documents before they are thrown out.
If your business throws out a colossal amount of paper and documentation, then you can get a shredding service.
These firms send their people on-site to shred the documentations that needs to be shred right where you want to be.