Today Show in the US report:-
When I have spoken with employees who have been caught placing sensitive documents into recycling bins, their explanation has been that they thought recycling was different from trash and therefore somehow safe. When asked to explain further, employees generally tell me that, while trash ends up at the landfills where anyone could get his hands on it, recycling is taken to a place where it will be reused.

The USA Today show recently did an excellent story on Identity Theft and while it has a US focus it equally applies to all Australian.

“Through the years, I have broken into numerous banks through hundreds of different attacks. Though each was different, the main objective was often the same: to gain access to the cash or confidential information. I was once approached by a large financial institution that was not only concerned about the security of its physical locations and its network, but also had concerns about the risks associated with upper management. This institution asked that I also investigate whether its management team could be attacked in a way that might allow an identity thief greater access to its organization.”

With all the financial fuss world wide it is so easy for the average Australia to be scared off refinancing. The most important thing for Australian’s is for them to think local and not global. Australian lenders are strong and remain largely unaffected by the US problems. Right now Australian borrowers have some great opportunities to consider if they are looking at a home loan. The Australian home loan market is very strong and Australian lenders offer borrowers security and peace of mind.