BNM Restores CCRIS Access For Credit Reporting Agency Experian
Author Avatar

Experian Information Services has received approval from Bank Negara Malaysia (BNM) to once again access the Central Credit Reference Information System (CCRIS). This came following the central bank’s acceptance of Experian’s security assessment, which indicated no evidence of any compromise in its systems, servers, or facilities.

According to Experian, this approval makes it the first credit reporting agency to have its access to CCRIS restored after BNM temporarily suspended CCRIS access for all such agencies at the end of September. BNM had made the decision after it was made aware of a potential cyberattack involving credit reporting agencies in Malaysia, with there being eight agencies registered in Malaysia.

“In line with BNM’s directive, Experian conducted an extensive internal security investigation and engaged an independent global expert in cyber security to conduct a security compromise assessment. All investigations have found no evidence of any compromise in Experian’s systems, servers or facilities,” the agency noted in a statement, adding that it has assisted in BNM’s investigation by providing all relevant compromise assessment documentation as requested.

bnm bank negara malaysia

Experian also acknowledged the necessity to maintain sound information security systems and protocols so as to protect the data integrity of their clients. It said that it frequently conducts regular checks and audits to ensure that its IT infrastructure, edge devices, networks and data are always protected.

The chief executive officer of Experian Malaysia, Dawn Lai further said that the agency is now actively working with its clients and consumers to resolve and re-establish any information gaps that may have cropped up during the suspension period. “Our goal is to enable them to return to business as usual expeditiously, with the highest level of service and commitment they have always received,” she said.

(Source: Experian)

0 0 votes
Article Rating


Comments (0)

Notify of

Inline Feedbacks
View all comments
Top Credit Score Articles
Top Credit Score Articles
Post Image
8 Reasons Why Your Credit Card Application Got Rejected
Joshua Ong
- 15th April 2014
Wondering why your latest credit card application got rejected? Fret not, here's eight reasons why the bank might have given you the cold shoulder.
Post Image
Top 5 Signs You Are A Victim of Identity Theft
- 27th October 2017
How will you know if someone is using your details without your consent? It can happen to just about anyone, so learn how to protect yourself against identity theft now!
Post Image
Why Was Your Loan Or Credit Card Application Rejected?
Alex Cheong Pui Yin
- 21st September 2020
Like any other forms of rejection, getting your credit card or loan applications turned down can be a […]
Post Image
Have You Taken A Look At Your Credit Score Lately?
Katrina Balan Quiroz
- 14th July 2021
As of now, Malaysia is facing another lockdown phase. Malaysians are now cooped up at home and coping […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image