Idenity Theft... Here is the data
Does ID fraud really exist?
- Identity theft is one of the nations fastest growing crimes
- ID Fraud has cost businesses $48 billion dollars in the last year alone. (Orlando Sentinel 2004)
How secure are your company's documents?
- Companies are 15 more times likely to experience employee theft than customer theft. (ADP.com)
- 29% of employees spy on co-workers (USA Today)
- 70% of information theft is committed by insiders, such as temporary, contract, disgruntled employees, and people leaving for other jobs. (Business Week 2005)
- In 2003, the most common theft scene was the workplace. (Kiplinger's)
- What do snooping employees expect to find in the office trash?
- 29% personal data
- 32% company data
- 34% gossip (USA.Today.com)
How important is document management?
- U.S. Managers spend an average of 4 weeks a year searching for or waiting on misfiled, mislabeled, untracked or lost papers. (Caudra Associates)
- The amount of data stored on paper has greatly increased. The amount increased 43% from 1999 to 2002. (Reuters.com)
- Businesses spend about 25-35 billion dollars a year filing, storing and retrieving business records. (The Myth of Paperless Office 2004)
- At any given time, between 3 and 5 percent of any organizations files are lost or misplaced. The average cost of re-creating a document is $180.00. (Information Week 2005)
- For every sales increase of $100 million that a company experiences, it uses 8.8 million more sheets or paper. (Price Waterhouse 2000)