Narberth, Lower Merion Township, PA — Saturday April 13,from 9-11 AM, rain or shine you can bring your old paper records, confidential documents and files to 925 Montgomery Avenue (behind the Dist Court Building) for a free shredding event sponsored by State Representative DeLissio.
"Safe disposal of documents with personal information is one of the best defenses against identity theft,” DeLissio said. "Shredding also is a great way to dispose of unneeded paper in an environmentally friendly way, and I am happy to offer this service to my constituents."
The events will be held rain or shine. There is a limit of four bags per household (standard storage/banker boxes or grocery bags) and will conclude at 11 a.m. sharp.
Common types of unwanted items that should be shredded include credit card statements, credit card applications, bank and investment statements, canceled checks, income tax information, insurance and health records and retirement or pension fund information.
All shredding is done on site, and shredded paper will be recycled. Those who would like more information can call DeLissio’s office at 215-482-8726.
Shredding Helps Against Identity Theft
The statistics on identity theft may vary according to the source, but their numbers all point to a major problem in America. In 2017, the Javelin Strategy & Resource Center published a report that claimed 16.7 million people were a victim of some type of identity fraud. With 30% of all consumers being exposed in a breach, a total of $16.8 billion was stolen from unsuspecting consumers. Not only did the numbers show a 12% increase from 2016, but it also showed how social security fraud was on the rise over the usual credit card hacks.
Identity theft examples in the report included the opening of new accounts, credit card fraud, and bank fraud. Because new microchip technology makes it more difficult for criminals to duplicate, thieves have moved on to opening up fake bank or utility accounts. Many times they get their hands on old discarded records that the owner thought was long gone. They use these records to start a new identity which is your identity. The amount lost from fake accounts alone has tripled from 2016, accounting for $5.1 billion of the total losses of $16.8 billion.
In addition, the Consumer Sentinel Network published an identity theft report that showed the median amount a consumer had to pay for identity theft was $429. This organization is maintained by the Federal Trade Commission, one of the largest consumer watchdogs in America. Of all the complaints reported to the FTC, identity theft was number three. It's a clear sign that people aren't taking enough precautions when it comes to protecting their sensitive data both online and off.