Optus is paying for credit checks. Here’s how to get yours for free

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 90%

Australia Headlines News

Australia Latest News,Australia Headlines

Some Optus customers whose data was stolen will get credit checks paid for by the telco. But anyone can use these free services to check for fraudulent activity.

The telecommunications giant has tasked credit monitoring service Equifax to monitor the web for any signs of fraudulent activity related to affected Optus customers.

The exercise is likely to prove costly for Optus, given personal details of 9.8 million customers were exposed, and of thoseA top-level subscription at Equifax can cost up to $14.95 a month. But for any other people worried about hackers using their details to steal money, all credit monitoring companies are required to offer free services to guard against credit fraud and theft.AdvertisementThere are three main providers of credit monitoring: Equifax, illion and Experian.

Many create credit scores that outlets such as banks use when determining if a customer can get a loan. In cases like the Optus breach, credit monitoring services can also monitor for identity theft. The companies can track buying patterns after credit card details have been compromised with a view to notifying the holder of any suspicious activity.Optus has told customers it is “deeply sorry” for the hack that exposed personal details of 9.8 million people.That’s right.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Teenager arrested for alleged scam on Optus victims as government lets telco share dataChanges announced by the government are designed to let financial institutions protect their customers but the list of banks that get the data won’t be made public. nickbonyhady Why do the banks get it Banks have nothing to do with licences etc etc. nickbonyhady the tech experts say a secure ID is possible with mygov........why was it just discovered nickbonyhady Looks Asian.
Source: smh - 🏆 6. / 80 Read more »

Teenager arrested for alleged scam on Optus victims as government lets telco share dataOptus will be allowed to send customer identification data to banks and government agencies so they can put in place more checks to protect the almost 10 million people whose data was stolen in the major hack late last month.
Source: theage - 🏆 8. / 77 Read more »

Sydney teen arrested over alleged SMS scam related to Optus breachA 19-year-old Sydney man has been arrested by the Australian Federal Police over an SMS scam which targeted customers whose personal information was compromised in the Optus data breach. Yeah sure, he's a patsy as a breach never happened!! So ASIO has already sold the list on then...?🤔🧐
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Sydney man arrested for alleged SMS scam using leaked data from Optus cyberattackLIVE: The AFP are addressing the media following the arrest of a Sydney man over an alleged SMS scam related to the Optus hack. 9News MORE: De toute façon vous avez d'autre arnaqueur dans votre pays, puisque je me suis faite arnaquer d'une sommes de 24900 euros, j'ai retrouvée la personne mais comme j'habite en France, arnaque aux sentiments, je ne peux rien faire car vous n'êtes pas dans la communauté européenne De toute façon vous avez d'autre arnaqueur dans votre pays, puisque je me suis faite arnaquer d'une sommes de 24900 euros, j'ai retrouvée la personne mais comme j'habite en France, arnaque aux sentiments, je ne peux rien faire car vous n'êtes pas dans la communauté européenne
Source: 9NewsSyd - 🏆 23. / 51 Read more »

Sydney man arrested for alleged SMS scam using leaked data from Optus cyberattackA Sydney man has been arrested over an alleged SMS scam that used information obtained from the recent Optus cyberattack.
Source: 9NewsSyd - 🏆 23. / 51 Read more »

Legal overhaul in wake of Optus data breach to ensure ‘additional safeguards’Changes are being proposed in the wake of the Optus data breach which exposed almost 10 million people’s personal information.
Source: 7NewsMelbourne - 🏆 18. / 59 Read more »