COLUMBIA, S.C. (AP/WVOC) - South Carolina's second contract for state-paid credit 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 says starting October 24th, you'll be able to enroll for the next year of monitoring under CSIdentity Corporation, or CSID.
The company currently offering it, Experian, did not bid on the new state contract, although Experian has offered individuals a discount to stay with them, but you'd be paying for similar coverage you're buying through the state.
Adams says CSID will monitor additional records to catch other ways stolen identities are used, including court records, payday loans and chat rooms where cyber-thieves trade data.
The new contract calls for the state to pay up to $8.5-million, compared to $12-million South Carolina paid Experian through a no-bid contract the governor negotiated after last year's data breach was discovered.