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.
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Equifax Australia and Equifax New Zealand systems were not compromised by the recent cybersecurity incident in the U.S. The Equifax U.S. web server that was targeted is not a component of the Equifax Australia or Equifax New Zealand infrastructure, and Equifax has found no evidence that the U.S. cybersecurity incident impacted personal information of consumers in Australia or New Zealand.
Consumers who purchased a MyCreditFile Express product which was available from 12 March 2014, may be eligible for a refund from Equifax (formerly Veda).
These best practice steps for data driven segmentation will help make sure even small projects can transform entire companies on the road to bigger market share.
