This is something I had never personally considered – the importance of shredding your junk mail.
Cockeyed.com has proven, by demonstration, how ineffective just tearing up your junk mail is. Their demonstration shows just how easy it is for someone to hijack your credit this way:
- Rip up junk mail Credit Card Application form into many pieces
- Put said pieces back together
- Tape up application
- Fill in application
- Check box with “Change My Address” and insert another address
- Insert different phone number in the “Cell Phone” area
- Send in application
So, is tearing up the application good enough to prevent credit/identity theft? Well, despite the advice to “tear or shred” all junk mail by the FTC, it was not.
The new credit card arrived in the mail to the changed address. They were able to activate it with the cell number provided on the application.
Yes, that’s right. The credit card company accepted the obviously torn up application and issued a card. No phone call to his home number to ensure the application was valid. Another very good reason to purchase a shredder.
Via infoworld Tags: shredder, junk mail, credit card company, credit application, id theft, identity theft, credit fraud, credit card fraud
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