What piece of paper do ID thieves want?

June 3, 2008 by
Filed under: In this week's e-newsletter, Latest News & Views, Security and law 

There’s a lot of talk about identity thieves stealing electronic data. But they can still find plenty of what they need in hard copy, too.

What pieces of paper is causing a lot trouble? Answer: undeliverable W-2s.

IRS regs require companies to keep undeliverable W-2s for four years. That means after a few years, the documents quickly pile up — often in boxes — and it can be hard to keep all that paper secure.

One solution many companies are turning to: scanning the docs into electronic files and shredding the originals.

That puts all the forms in once place without taking up any physical space, and makes it easier to keep them secure.

Tags: , , ,

Comments

Comments are closed.