Commonwealth Bank’s tech ventures division will beat the government to the punch with the launch of a new identity fraud detection product that targets Australians whose identity documents are stolen or exposed in data breaches.
The government announced on Sunday it would spend $11 million in the federal budget to connect a new online register of personal credentials with a smartphone app to alert people in real time if someone is using their credentials.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
