The Commonwealth Bank of Australia (CBA) has commenced a final roll-out of two-factor authentication (2FA) systems that will see 400,000 customers of its NetBank internet banking service upgraded to the secure log-in technology.
National Australia Bank is confident that it has the tools it needs to leapfrog rivals by adopting three-factor authentication, adding an extra means of security to the normal two factors most Australian banks offer customers to secure their transactions.
St George is joining the ranks of financial institutions taking up two-factor transaction authentication to protect its customers from fraud.
The Commonwealth Bank says some customers are experiencing difficulty logging on to its Internet banking service.
ANZ Bank today confirmed its chief information officer Mark Willis had left the company.
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It took help from three security experts, Citibank's spokesperson, dozens of e-mails and almost a full working day of investigation to confirm that an e-mail I had seen from Citibank was not actually a clever phishing attempt.
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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?
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ZDNet Australia looks at some of the biometrics technologies currently available and examines how they can protect your valuable network.
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