Business owners need to take ID theft seriously

Many small business owners admit that their financial data security is not one of their top priorities. However, with each case of identity fraud estimated to cost around £3000, this is far more than most small businesses would want to lose.

Identity thieves often steal and use other peoples’ card details to place orders for goods and services or to open fraudulent bank accounts. In most cases, small business’ card processors refuse to cover the cost of the goods sold to the fraudsters.

Consequently, more and more small businesses are changing their bill handling activities, by carrying out background checks on customers who place large orders.

Rebuilding your financial reputation with banks is a time-consuming and stressful activity. Your ability to obtain credit and borrow from banks can also be hindered for several months so it makes sense to take some simple steps to protect yourself.

So save yourself the hassle, and invest in a shredder to destroy unwanted documents that hold personal details. For extra security, why not consider a cross cut paper shredder or a heavy duty shredder? Fortunately, TheShredderSupermarket.com offers a wide range of top-quality shredders at the lowest online prices and see what savings you could make today - and for all the documents that you need to keep then an Office Safe is the ideal way of keeping documents and data secure.