New credit monitoring company for SC taxpayers

By: Assoicated Press
By: Assoicated Press

COLUMBIA, S.C. (AP) -- South Carolina's second contract for state-paid monitoring offers taxpayers affected by last fall's massive hacking at the Department of Revenue more identity theft services at a lower cost.

Budget and Control Board director Marcia Adams said Monday the state intends to award CSIdentity Corp. the next contract. People and businesses could begin signing up Oct. 24.

The contract calls for the state to pay up to $8.5 million.

That compares to $12 million Experian received through a no-bid contract Gov. Nikki Haley negotiated after state officials learned of the cyber-theft last October. That service monitored credit bureaus for newly opened credit accounts.

CSID will monitor additional records to catch other ways stolen identities are used. That includes court records, payday loans and chat rooms where cyber-thieves trade information.

Associated Press (2013)

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