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Experian, SA’s largest credit bureau hacked, millions of personal details compromised

South Africas largest credit bureau, Experian has been hacked. This attack is the largest–data breach South Africa has ever experienced. More than 24 million personal details have been compromised, and as many as 800 000 businesses have been compromised.

One of the largest credit bureaus in South Africa, Experian says the records were exposed to a suspected fraudster. This breach has been reported to law enforcement and regulatory authorities in South Africa.

Experian collects personal data from banks, retailers, and many other parties and thus you don’t have to be in direct contact with Experian to have your data collected – therefore your personal details have possibly been compromised as well.

This breach means your personal identity may be impersonated to get details of your bank accounts, and your banking history.

Nischal Mewalall, CEO of SABRIC said “The compromise of personal information can create opportunities for criminals to impersonate you but does not guarantee access to your banking profile or accounts. However, criminals can use this information to trick you into disclosing your confidential banking details,”

Sabric said if you suspect your identity has been compromised, you should apply for a free protective registration listing with SAFPS (Southern Africa Fraud Prevention Service).

To apply you can contact SAFPS on protection@safps.org.za. Fraudsters may attempt and trick you into giving them your passwords, PINs, etc. You cannot, under any circumstance, share your vital information via Telephone, Fax, Email, SMS, or even in person. It is important to regularly change your passwords and never to be shared with anyone.

This information was shared and sourced by Business Insider South Africa.


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