Economic pressures continue to serve as a primary catalyst for financial fraud. The Equifax Fraud Index Report shows a 4% growth in fraud listings over the 2025 calendar year (vs same time in 2024), as rising financial strain heightened consumer vulnerability, making individuals easier targets for scams and money muling.
Equifax Australia and Equifax New Zealand systems were not compromised by the recent cybersecurity incident in the U.S. The Equifax U.S. web server that was targeted is not a component of the Equifax Australia or Equifax New Zealand infrastructure, and Equifax has found no evidence that the U.S. cybersecurity incident impacted personal information of consumers in Australia or New Zealand.
Consumers who purchased a MyCreditFile Express product which was available from 12 March 2014, may be eligible for a refund from Equifax (formerly Veda).
These best practice steps for data driven segmentation will help make sure even small projects can transform entire companies on the road to bigger market share.
