Businesses that may not have the resources to regularly monitor identity theft risk face the greatest risk of identity theft, with negligence being the most common threat. Generally, businesses focus on survival, making payments, making payroll, not on keeping their business identities safe. Regardless of size, businesses should regularly monitor their corporate filings, business license filings, bank accounts and credit reports. They should also implement appropriate security protocols and document destruction policies, as well as limit the use of social network and Internet surfing on office computers. If you have not done so already, one of the best investments you can make is in a better quality shredder for your business.

Always be vigilant and on the lookout for the following types of business identity theft: changing entity records with credit bureaus; creating businesses with similar names and locations as legitimate businesses; reinstating dissolved or defunct businesses without proper authority to give historic value, then altering officers, directors, registered agent; foreign entity filings mimicking those in other jurisdictions; creating fictitious websites; obtaining corporate and personal information through malware and other computer viruses; dumpster diving.

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