The loss or theft of personal data, such as Social Security numbers (SSNs), reached an all-time high last year, according to the Identity Theft Resource Center. In 2007, more than 79 million records were reported compromised in the United States. That's a nearly fourfold increase from the nearly 20 million records reported in 2006.
Such stats confirm that identity theft is one of the fastest growing crimes in the country. And studies have shown that between 50-70% of all cases of identity theft occur in the workplace. As a matter of fact, the number one underlying source of identity fraud is theft of employer records.
Employee and client records that contain personal information, like SSNs, names, addresses, dates of birth, and bank account numbers are perfect resources for identity thieves, who come in all shapes and sizes. Consider:
the employee who found a box of old personnel records in a California em...(register to read more)