Identity theft, credit fraud, on the rise
CREDIT information company Veda analysed $1.6 trillion worth of credit applications in the year to June 30 and found that $1.9 billion worth of those applications posed fraud risks.
Fact trumps fiction as identity fraud spikes
Credit providers have been warned to increase their defences against fraudulent activity following the release of data that shows credit application fraud in Australia is now at its highest level since 2009.