![]() Moreover, identity theft reports involving a new checking or savings bank account increased 64% from 2020.ĭisposing documents in the trash or recycling bin with personally identifiable information (PII), such as names, addresses, financial information, bank account numbers, social security information, and more, can increase the chances of physical data theft. Federal Trade Commission received 1.4 million reports of identity theft, which is 25% of all fraud reports-resulting in nearly $1.5 billion in losses. ![]() Identity theft continues to be a growing problem for consumers across the United States. How Can Community Shred-it Events Help Prevent Identity Fraud? The following provides information on what to expect at a Community Shred-it Event and benefits to participants. Some consumers may not be aware of Community Shred-it Events in their area or how and why they should participate. These events may be done in partnership with local businesses or community groups to raise funds for various charitable causes, and they give community members the opportunity to have their personal documents destroyed by on-site shredding trucks for free or for a nominal fee. Learn How a Community Shred-it Event Can Help You Protect Your Confidential InformationĮvery year, Shred-it locations host Community Shred-it Events to promote information security and recycling in local neighborhoods.
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