Seriously Risky Business Newsletter
September 29, 2022
Australia's Equifax Moment
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Policy & Intelligence
Hopefully, the stolen data has been destroyed, but Optusdata's statement isn't evidence that it actually has been. Optus confirmed that it had not paid a ransom.
So. Where to from here?
It is common in Australia to prove your identity when creating new accounts by providing "100 points" of identification, where various identity documents are assigned particular point values. A driver's licence might be worth 50-70 points and a credit card 30, for example. This was originally an anti-financial crime measure, but the practice has since spread broadly in Australia across all sorts of sectors.