Wednesday, January 03, 2007

Preventing ID Theft !

Before getting rid of your old computer consider the personal information inside it being handed to thieves. Insight with Seth Grossman, QGSI President & COO and CNBC's Joe Kernen.
QSGI comments on personal data security during the holiday season




The reality of identity theft

Computer users upgrade to newer PC technology every four years

Gartner, Inc. estimates that consumers refresh their personal computer technology an average of every three to four years. Most PC users recognize that a computer contains toxins that are regulated by the EPA and they prefer to recycle their old PC and prevent it from ending up in a landfill.

Some plan to sell the computer and others will donate the computer to charity. Whether the computer is to be recycled or you plan to dispose of your computer, one must face the reality of identity theft.

Identity theft is reaching epidemic proportions with over 700,000 cases reported last year. The average identity theft victim will spend $3,000 repairing their credit history. Good people with a solid credit record are spending months cleaning up the mess caused by identity theft.

In the meanwhile, identity theft victims may lose job opportunities, be refused for loans or may get arrested for crimes they did not commit.

Other resources to learn about identity theft

The Federal Trade Commission: National Resources for Identity Theft

Privacy House Clearinghouse: Identity Theft Resources

Department of Justice: Identity Theft and Fraud

CastleCops: Security Professionals

Before you sell your computer, donate your computer or dispose of your computer, protect your personal identity with eraseyourharddrive.com.

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