ID Support Bill passes NSW Parliament | Australian Markets

Individuals at risk of fraud when their id paperwork are stolen or breached will probably be higher protected and supported underneath new legal guidelines handed by NSW Parliament in a single day.

The Identity Protection and Recovery Bill legislates the function of ID Support NSW in addressing knowledge breaches, id theft and fraud mitigation, and guaranteeing the security and security of people’ identities.

The Bill additionally permits the NSW Government to determine a new fraud examine service that can help guarantee victims of id crimes might be contacted to flag suspicious exercise earlier than any hurt is completed.

The Compromised Identity Register will enable authorities companies and accredited organisations to examine whether or not ID particulars have been compromised or stolen, stopping criminals utilizing people’s info to use for grants or credit.

ID Support will add paperwork to the Register it is aware of or suspects are compromised, and notify the affected person and issuing authority, to help forestall fraud and scams.

The laws additionally means organisations experiencing a knowledge breach can share related info with ID Support, alerting compromised people shortly and lowering their risk of hurt.

Work is underway to construct the Register, with the system anticipated to go dwell subsequent yr.

In 2024-25 ID Support offered help and data to more than 75,000 prospects, serving to people immediately affected by id misuse and knowledge compromises.

According to ScamWatch, Australians reported dropping more than $2 billion to scams final yr, with more than 67,000 scams reported in NSW alone.

The new legal guidelines are a key motion underneath the NSW Digital Strategy which goals to construct secure, dependable and inclusive digital providers and improve cyber resilience and public trust.

Minister for Customer Service and Digital Government Jihad Dib mentioned:

“These new legal guidelines enable us to offer a lifeline to people caught up in a knowledge breach. They spotlight the significance the Minns Labor Government locations on defending people from id theft and scams.

“Under the laws, ID Support NSW can present swift help to public and personal entities when knowledge breaches happen.

“Once operational, the Compromised Identity Register will act as a crucial safeguard, helping prevent stolen information from falling into the hands of criminals and better protecting people’s data following a breach.”

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