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ID Theft Losses

Business Compliance Requirements
 

Fighting Back Against Identity Theft - Federal Trade Commission

“We have been using Document Security Solutions for over 3 years now and they have delivered quality service time and time again. As a financial services firm, document security is crucial and client information can never be compromised. Using the right company to help us stay compliant is something we take very seriously. We recommend the DSS team to anyone who’s looking for exceptional service and pricing on document destruction."

Junius K. Lim,
CFO/Owner
Diamond Consulting Group
.

Whether your business is large or small, Document Security Solutions can help you avoid identity theft and safeguard your company's confidential information. DSS offers shred services to commercial, government, and residential customers in Riverside, San Bernardino, Los Angeles and northern San Diego counties.

Identity Theft Losses Exceed $48 Billion

Identity theft is a serious crime that is costly to the nation’s economy and to all Americans.

  • ID theft strikes nearly 10 million U.S. consumers
    annually
  • Imposes $50 billion in unnecessary costs on the
    nation’s businesses every year
  • 15,000 to 20,000 consumers contact the FTC
    about this crime each week

According to a recent Federal Trade Commission identity theft survey, 27.3 million Americans have become victims of identity theft in the last five years. Last year’s identity theft losses to businesses and financial institutions totaled nearly $48 billion and consumer victims reported $5 billion in out-of-pocket expenses.

Business Compliance Requirements

Document Security Solutions provides customized shredding services to meet compliance requirements, including HIPPA and GLBA, logofor the following businesses, including:

  • Government
  • Banks and Credit Unions
  • Savings and Loan
  • Insurance Companies
  • Hospitals
  • Medical Offices
  • Law Firms
  • Utility Companies
  • Records Storage Facilities

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