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ARTICLE · 02 NOVEMBER 2022

Protecting your property in the aftermath of a data breach

Bartier Perry Solicitors
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An inexpensive & effective way of protecting your property from fraudulent dealings is to lodge a caveat on your own title.

AustraliaReal Estate and Construction
Craig Munter (Formerly With Bartier Perry)
Craig Munter (Formerly With Bartier Perry)
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There has been much publicity around the cyber-attacks on Optus and more recently Medibank. Many customers' personal details have been compromised which is a cause for great concern. There are instances where personal details including dates of birth, drivers licence numbers, Medicare and passport details have been leaked.

The risk of identity fraud for the over 6 million Australians (more than 1 in 5 people) affected is significant and it is prudent to take immediate action to avoid your personal assets being compromised. This extends to criminals fraudulently dealing with your property, including taking out a loan secured by your property or even selling it.

In the modern environment of e-conveyancing, where physical certificates of title no longer have any legal effect and are not required to be produced when lodging a dealing, there is potentially a greater risk of someone lodging a fraudulent dealing.

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