We know many people are concerned about the recent Optus data breach and whether it could negatively impact their banking and credit information.
It’s important to note that all loan applications must pass strict identification checks, and major banks have quickly assured their customers that they are actively monitoring unusual transactions to minimise the risk of identity fraud.
Below are some cyber security tips & links to help.
Optus Data Breach – Keeping Yourself and Your Finances Safe Online
Optus Data Breach – Cyber Security Tips
If you have been affected by the Optus breach, a factsheet containing useful security tips can be found at idcare.org.
Importantly, this fact sheet recommends applying for a temporary credit ban, which effectively ‘freezes’ your credit report during the ban period, preventing scammers from applying for credit products in your name.
The temporary credit ban free service does not prevent you from using your current credit products (such as loans or credit cards).
It is also worthwhile accessing your free credit report to review any unusual activity and setting up two-factor authentication on any applications and accounts containing personal information.
Instructions on how to do so are contained within the fact sheet.
There are also some general tips you can follow to protect yourself online, particularly in light of the Optus Data Breach.
Advice from the Office of the Australian Information Commissioner can be found here.
These include using a dedicated browser to access online banking and other sensitive information and not storing your passwords online.
If you have a home loan with us and have further concerns regarding the above contact us today on 0434 103 326.
For an up-to-date overview of the current rates on offer, visit our Facebook page at facebook.com/NBSHomeLoans