SC lawmakers to discuss extended credit monitoring
Wed, 08 May 2013 14:11:11 GMT —
South Carolina lawmakers will discuss extending and enhancing credit services for taxpayers compromised by last fall's hacking at the Department of Revenue.
The Budget and Control Board could vote Wednesday to seek bids for the next contract covering taxpayers' credit monitoring.
The five-member board will consider seeking a multi-year contract. Bidders will be asked to transfer customers who enrolled with Experian.
Gov. Nikki Haley negotiated a $12 million deal with Experian last October, when she announced the massive hacking of personal data. The emergency contract did not go through a bidding process.
A measure approved by the Senate requires extending state-paid credit services up to 10 years. It encourages better identity theft protections than currently provided by Experian. Its credit monitoring informs customers about new accounts after they're opened.