Westpac's $340 million project to integrate St George's systems was on target, Westpac chief executive Gail Kelly said today, but the bank's financial report warned "unexpected costs relating to the integration of technology platforms" could smother expected benefits.
At Westpac's annual earnings announcement today, CEO Gail Kelly picked the bank's technology operation as its most notable 'low light' in a year that saw hundreds of IT staff, including the bank's tech titans, purged and replaced with new blood.
National Australia Bank took the knife to its long-time chief information officer Michelle Tredenick this week, but was this a reflection of her perceived incompetence or simply a consequence of the manoeuvring at higher levels that seems endemic in Australia's incestuous banking IT community?
Following a disappointing half-year result, ASX-listed IT consultancy Oakton has put its enterprise resource planning (ERP) business under a microscope.
SMS Management and Techhnology has lost its NSW managing director Linda Chapman for health reasons.
The next time you're buying antivirus software, don't go direct to Symantec or McAfee. Don't download free antivirus. And definitely don't see Harvey Norman. Ask your bank they're quite literally giving the stuff away.
It is quickly becoming the norm for Australia's largest banks to offer discounts on or completely free computer security software to boost internet banking security. The question is, why?
How on earth can organisations justify paying their IT executives millions of dollars in bonuses, or in the case of the public sector, handing out salaries of half a million dollars?
Get an insider's look at the recent history and potential imminent future of Australia and New Zealand Banking Group's technology operation in the third of our Changing of the guards series examining generational change in the nation's big four banks.
Get an insider's look at the recent history and potential imminent future of the National Australia Bank's technology operation in the second of our Changing of the guards series examining generational change in the nation's big four banks.
Sceptical that Australians are targeted by cybercrime? Late last year the Australian Computer Emergency Response Team (AusCERT) was asked to repatriate hundreds of Commonwealth Bank customer credentials which had been stolen via the ZeuS trojan.
Do you Google Wave?
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