Businesses and customers can work together to help reduce the risks of a breach occurring, and remedy harmful ramifications if one does.
While the cost of a data breach was around R31 million in 2020, the financial implications don’t fully account for reputational damage and customer churn. By taking a proactive approach to data breaches, organisations can better protect consumers whilst mitigating financial losses. TransUnion TrueIdentity platform gives consumers access to their credit information and has specific features to help safeguard identities in light of a potential data breach.
Protect against identity theft by enabling quick action against fraud while offering peace of mind to potentially impacted consumers.
Consumers can access credit education, and fraud prevention and identity resolution information, including steps to take if they think they’ve fallen victim.