Experian launches Internet surveillance tech in Australia, NZ market

Experian launches Internet surveillance tech in Australia, NZ market

Global credit bureau services provider Experian has launched its proprietary internet surveillance technology CyberAgent in Australia and New Zealand.

The launch of the CyberAgent solution in the Australian market comes just four months after the company announced its acquisition of Australian fintech startup Look Who’s Charging, in its sixth major APAC investment since 2017.

Designed specifically for international protection of online records, Experian says more than 3.5 billion compromised records have been detected globally by CyberAgent to date, with companies “across financial services, telecommunications, retail and many more offering their customers this unrivalled suite of customer identity protection services”.

“If your personal information gets into the hands of hackers, it can be used to access and use your credit cards, take out loans and mortgages in your name, open new bank accounts and more,” says Experian’s Head of Fraud and ID A/NZ, Karine Smyth.

“Australian and New Zealand businesses need to be protecting their customers personal information as a priority, in order to maintain customer trust and retention.“The dark web is a hidden network of websites that requires special resources for access. CyberAgent not only has access to the network, but also continuously monitors the dark web, notifying consumers if and when we find their personal information is being compromised. Essentially, we are empowering consumers to react quickly and proactively to protect themselves from identity theft and fraudulent activity.

“Experian is leveraging our global capabilities to help Australian businesses fight the battle of fraud and identity theft,” Ms Smyth explained. “Fraud is a growing, lucrative industry with organised criminals trying to find bridges to Australian and New Zealand business’ and consumers’ personal information. It is crucial to protect individuals and our businesses,” Smyth concluded.

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Source: iTWire – Experian launches Internet surveillance tech in Australia, NZ market