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MONEY MAGAZINE Article by Mike Laing
ARCA CEO
Published on: 25 Mar 2020

Identity theft is an increasingly growing problem in Australia. The annual cost is estimated to be around $2.2 billion including government agencies and individuals.

Identity theft is one form of cyber fraud and happens when your personal information is stolen by fraudsters to apply for loans or to open credit accounts or mobile phone accounts - ultimately impacting your credit history without your knowledge.

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