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Is Your Trash Talking? New Law, OfficeMax Tips Guard Against Identity Theft Vulnerability.

Publication: PR Newswire
Publication Date: 07-MAR-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Learning How Thieves Steal Personal Information Will Better Protect Businesses and Consumers, OfficeMax Experts Say

The average victim of identity theft spends about $4,800 and 30 hours to rectify effects of the crime, according to a recent Federal Trade Commission (FTC) study. Identity theft is the fastest growing crime in the U.S., and has spurred new legislation requiring businesses and even consumers to destroy certain documents before throwing them away. Additionally, OfficeMax(R) , one of the nation's largest distributors of office supplies, has compiled guidelines to help protect against this costly type of fraud.

Identity theft has risen more than 40 percent over the last year, according to the FTC, and the number one method is thieves rummaging...

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