Consumer, business and credit information services agency Experian has experienced a breach of data which has exposed personal information of as many as 24 million South Africans and 793 749 business entities to a suspected fraudster.
Experian confirmed in a statement on Wednesday that the breach had been reported to law enforcement and the appropriate regulatory authorities.
Banks and SABRIC have also been co-operating with Experian in their efforts to secure the data and ensure the perpetrators are brought to book.
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