Hacking group N4aughtySecTU has threatened to release credit data of 28 million South Africans at midnight on March 25 Picture: REUTERS/KACPER PEMPEL
The hackers say they have 28-million credit records and 54-million identity numbers. TransUnion believes the 54-million number relates to a 2017 hacking of a SA government website. Personal information can be used by scammers to call and trick consumers into handing over their banking pins, as they believe the caller is from the bank. It can also be used in identity theft — allowing criminals to open credit accounts in consumers’ names without their knowledge.
The incident reveals the limits of the Popi Act, even as it legislates that companies must take actions to remedy data leaks. While the regulator wants to know how TransUnion will stop all data being used in “malicious actions”, it is not clear what a company can do once the data is stolen and released onto the dark web, which is
By combining data sets of previously stolen ID numbers, home addresses and phone numbers with the new credit information, the hackers may also create extremely detailed records that can be used by criminals.
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