Despite all the high-tech innovations and advancements available to identity thieves, old-fashioned “dumpster diving” – literally digging through your trash – remains a popular method for stealing large amounts of your personal information.
Will thieves really go through your garbage?
Absolutely. Why? Because Americans receive over 4 million tons of junk mail each year1, and much of this mail – such as pre-approved credit cards, credit card bills, and bank statements – includes your personal information. Dumpster-diving identity thieves root through your trash because they know the documents you discard as garbage contain personal identity information that can be spun into gold when used in a variety of illegal manners.
How big of a threat is Dumpster Diving?
Identity theft remains one of the fastest-growing crimes in America.2
Information thieves can collect when dumpster diving:
- Pre-approved credit card offers
- Street address
- Social Security number
- Telephone number
- Email address
- Bank account information
- Employment history
- Other personal information
What thieves can do with this information:
- Identity theft
- Employment-related fraud
- Loan fraud/payday loan fraud
- Bank fraud
- Benefits fraud
- Tax fraud
- Other identity fraud
Dumpster Diving Statistics:
- Americans receive over 4 million tons of junk mail each year.1
- 2 Social Security Administration. “Identity Theft And Your Social Security Number.” SSA Publication No. 05-10064. August 2009.
† Federal Trade Commission. “Consumer Sentinel Network Data Book For
January – December 2011.” February 2012.
† Javelin Strategy & Research. "2012 Identity Fraud Report: Social Media and Mobile Forming
the New Fraud Frontier." February 2012.
This article is designed to educate readers. That means that while LifeLock, which sells identity theft protection services, produced the article, the point is NOT to encourage you to buy LifeLock's products. The point is to inform and educate so that you are empowered to make sound decisions, whether you buy from us, a competitor, or not at all.