What cyberhacking data means for you

Whenever you hand over your private information to an institution, it’s an act of trust.

Experian said their investigation shows that no consumer credit or financial information was revealed. But, said Manie van Schalkwyk, the chief executive of Southern African Fraud Prevention Services, because hackers have some of the data, they can use it to pose as an institution such as a bank to get further information.

“This comes at a time when having preventative measures in place is not enough and hasn’t been enough for some years,” he said.

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