Month: February 2011

Data Security News

Latest statistics on ID Theft in from Javelin Research
ByJudith February 28, 2011February 28, 2011

Javelin is the leading provider of independent, industry-specific, quantitative research and strategic direction for payments and financial services initiatives. Javelin conducts rigorous research and analysis to create successful strategies related to financial institutions, payments firms, technology vendors, merchants and billers, regulators and other policy-makers, associations, and consumer or business end-users. According to Javeline’s latest research,…

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news/events

FTC Fines Company for ID Theft Scam
ByHV Shred February 23, 2011

According to a recent press release from the FTC, LifeLock, Inc. has agreed to pay $11 million to the Federal Trade Commission and $1 million to a group of 35 state attorneys general to settle charges that the company used false claims to promote its identity theft protection services, which it widely advertised by displaying…

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news/events

ON-SITE Shredding Saves
ByHV Shred February 23, 2011

When you add it all up, the most secure and economical method for your document destruction needs is ON-SITE shredding. Looking at the whole picture, using a common office shredder it would take roughly 20 minutes to destroy 4lbs of paper (about 400 sheets). Factor in a $12 an hour office employee and it will…

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Data Security News

26 RED FLAGS FOR ID THEFT
ByJudith February 21, 2011February 21, 2011

Concluding this round of guidance for the Red Flags Rule in effect as of December 31, 2010, here are the 26 Red Flags identified by the FTC–the government agency charged with enforcing compliance with this latest legislation related to identity theft prevention. 1. A fraud alert included with a consumer report. 2. Notice of a…

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blogs | Data Security News

Shredding service is good for your heart
Byhvshred February 14, 2011

Since February is heart health month and today is Valentine’s Day, let’s review why shredding is good for your heart. Heart disease and stroke are the #1 and #3 killers of women in the United States respectively. Here’s how shredding can help: SECURITY-Shredding is done ON-SITE while you watch on a color monitor COMPLIANCE-The certificate of […]

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blogs | Data Security News

What is the right approach to the Red Flags Rule?
Byhvshred February 7, 2011

Continuing with our project of helping our community weed through the new legislation, this week we turn our focus to “What is the right approach to the Red Flags Rule?” At its core, the Red Flags Rule requires a risk-based approach. Each financial institution or creditor must conduct a risk assessment in order to develop […]

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