New SMS/Email Alert Service From Credit Information Bureau

Credit Information Bureau Experian India planning to come up with an identity theft protection service by sending SMS/email alerts to its customers. The moment when a bank or a telecom company seeks credit information report in your name, you will immediately get an SMS/email alert to your specified contact number/address.

According to the Managing Director of Experian India, once the person knows that someone is trying to misuse his/her personal information, the person can take remedial steps. Officials at Experian said that, in countries like US and UK, most applications for credit go to credit bureau. The identity protection service helps people a lot and it is yet to be introduced in India.

The identification theft protection business enables Experian to enter Business-to-Consumer space through a joint venture.

Source: The Hindu Business Line