American Shredding News
Secure Destruction Business|
While American Shredding, based in Reno, Nev., was incorporated in 2005, the principals behind the company are long-standing members of the recycling and information destruction industries. And for these men, "the American way" allows their company to differentiate itself from its competitors by offering custom solutions to address its clients’ problems. A focus on security and a smaller particle size also sets American Shredding apart from its competitors. Read more.
SF Chronicle |
In a regulatory filing on Wednesday, Hertz Global Holdings said it had dropped Deutsche Bank from its underwriting team after "several e-mails" discussing the $1.5 billion initial public offering were inadvertently sent by the bank to about 175 institutional clients.
The incident highlights -- yet again -- the ease with which people's personal information can go astray in this era of digital data and portable devices, and the need for federal legislation requiring that all such data be encrypted and more stringently safeguarded. Read more.
Identity Theft Information Page|
A vast resource about identity theft, filled with useful tips to help prevent it. Read more.
Utah State Legislature
This bill addresses the integrity of consumer credit databases. Read more.
SF Chronicle |
There have been dozens of security breaches this year involving millions of people's personal info, and we know about most of them because of a California law requiring that consumers be notified any time data go astray.
That could change if legislation that passed a preliminary hurdle in Congress the other day becomes law. Read more.
Deseret Morning News, Salt Lake City |
They write letters, make phone calls, wait for hours on hold — and, after a year of trying to set the record straight, a third of identity theft victims in the Salt Lake area are still in identity limbo, according to a new survey. Read more.
SF Chronicle |
Today I bring news of yet another security breach involving potentially thousands of people's personal info, and this is the first anyone's hearing of it.
The latest company to drop the data ball is City National Bank, based in Los Angeles and one of the largest independent financial institutions in California.
City National, which specializes in high-end clients, became a player in Northern California when it acquired San Francisco's Pacific Bank in 2000. It has 52 offices statewide and about $14 billion in assets.
As is increasingly the norm for letters notifying people of data mishaps, City National's missive, dated June 21, is decidedly short on facts. (And the facts in this case, as you'll see, are troubling indeed.) Read more.
Surviving Identity Theft |
Identity theft again tops the Federal Trade Commission's list of consumer complaints. Frank W. Abagnale, a reformed thief, is now a respected authority on identity theft and other forms of fraud. His book, Catch Me If You Can, which details his criminal escapades, was made into a feature film by Steven Spielberg and stars Leonardo DiCaprio as Abagnale. Frank Abagnale wrote this commentary for Bankrate.com.
Identity thieves rob more than 500,000 Americans every year. Credit can be damaged, and fixing it can cost you hundreds of dollars and take hundreds of hours of your time. These steps will help you reduce your risk of identity theft. Read more.
On first viewing, those clever TV commercials where an identity thief recounts through the mouth of a victim all the great stuff he bought with the stolen credit card information might bring a smile. But the smile quickly fades when it happens to you. Read more.
East Bay Business |
Twenty-eight years ago, Steve Sutta was recycling to save trees. Today, he's recycling to save consumers.
"(Recycling) is now about protecting data," said Sutta, who owns and operates the Sutta Co., a $30 million Oakland-based recycling company that's betting on shredding as the recycling wave of the future.
As companies respond to new federal patient privacy standards and rising public awareness of privacy protection issues, Sutta believes, "If you deal with office paper, you are going to be in the shredding business." Read more.
Recycling Today | Brian Taylor
Steve Sutta has seen what happens to recycling companies that aren’t prepared for a down market: They tend to disappear. Sutta, president of The Sutta Co., Oakland, Calif., has been in the industry long enough to see competitors close up shop during a pricing slump, and he has no desire to see his company end up as one of the victims. Read more.