National Digital ID Will Curb Identity Theft, Cyber Attacks: Banking Association

Australia will likely implement a national digital ID for its population in the coming months and years.
National Digital ID Will Curb Identity Theft, Cyber Attacks: Banking Association
A fingerprint is scanned at Argus Solutions in Sydney, Australia on Aug. 11, 2005. Ian Waldie/Getty Images
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A widespread rollout of the national digital ID will result in a drop in cyber attacks and scams, according to Christopher Taylor, chief of policy at the Australian Banking Association.

The government is examining the implementation of a national digital ID that will be a one-stop-shop for accessing government health, welfare, and tax services—with potential expansion into banking and supermarket services in the future.