An iCIRT rating recognises the multifaceted elements that distinguish high-trust property development and construction companies. But what does this look like in practical terms?
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As cyber fraud threats rise, consumers increasingly want to feel confident about the security of their personal data when applying for home loans. According to the Equifax Mortgage Broker Pulse Survey 2024, 59% of consumer respondents feel unclear about how brokers and lenders manage their data, with half believing their data is only ‘somewhat safe’.
Keeping on top of your registrations on the Personal Property Securities Register (PPSR) isn’t just a one-time task – it’s an ongoing commitment to safeguarding your interests.
Why PPSR Guidance is Needed During Insolvency Surge
By Malcolm Poslinsky, PPSR Specialist, EDX from Equifax
The ongoing housing crisis remains a hot topic and one of the major concerns for many Australians. Figures from Equifax1 confirm a troubling trend: home ownership in Australia becomes a progressively distant aim for younger people.
Increasing operating costs, shrinking consumer spending and tougher lending market see insolvencies at highest levels since Covid-19
Businesses collect and process vast amounts of data, and often overlook the importance of ensuring the data is accurate, reliable, relevant, complete, consistent and timely. For a data-critical sector like insurance, the process of cleaning data to fix inaccuracies, incomplete, duplicate or wrongly formatted records holds valuable benefits.
Establishing real, demonstrable trust in a person’s identity is essential for Australia’s 26.7 million people to transact online safely and effortlessly, levelling the playing field for credit access and fuelling our digital economy.
With Equifax’s robust credit rating methodology and processes, and the qualifications and expertise of its analyst team, we are able to identify early warning signals of company failures and their potential impacts.
We spoke with Tehani Legeay, General Manager of Identity and Fraud at Equifax, to determine what businesses need to know about fraud detection and prevention.
Is your company holding onto personal data long after customers have gone inactive? Do you collect unnecessary details like date of birth when a name would suffice? And how confident are you that your stored data won’t end up in the wrong hands?
