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.
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.
SMS-based two factor authentication has been touted as a way of improving online banking security but Westpac's head of information security disagrees.
SMS-delivered two-factor authentication will be dead in three years, according to National Australia Bank's general manager of technology, risk and security, Gary Blair.
New Zealand's ASB Bank is implementing a new authentication system that uses SMS messaging to reduce the potential for mass Internet banking fraud.
Banks obviously have an interest in making consumers feel safe. They are there to protect the customers' money. They want customers to use their online services, too, because the channel offers a lower cost per transaction than a branch. But giving away free security software to make customers feel safe is probably doing more harm than good.
When foreign markets are willing to pay twice as much for your exports, it's usually a good sign. Unfortunately for Australia, the goods being traded are compromised PCs but why are Australians worth twice as much as Americans?
Have you received a telephone call from your bank asking to 'confirm' a recent transaction? How can you be sure it was actually your bank calling?
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.
In this special review, we round up the various authentication devices on the market.
Security is like an onion: getting to the heart of it makes people cry a lot. But in order to protect your systems, security vendors are now recommending an onion-like multilayered approach.
A Web server opens up your business to the outside world, so how do you keep out those parts of the world you don't like?
Forgotten your password again? Read on to find out how you'll be logging on, checking in, and signing off in the very near future.
Banks are slowly moving towards deploying voice-authentication technologies in order to add an extra layer of security for their online and telephone banking customers.
In this special review, we round up the various authentication devices on the market. From fingerprint scanners, to single sign-on software and biometric technology -- we have the authentication market covered.
Forgotten your password again? Read on to find out how you'll be logging on, checking in, and signing off in the very near future.
The spread of convenient wireless LANs has delighted hackers, who find many WLANs vulnerable. Managing and securing a wireless network is therefore vital, but rarely done well. ZDNet Australia compares the offerings from AirDefense and AirMagnet.
If you're thinking about voice over IP, we take a look at the steps involved in getting it set up and what's on offer from four major vendors.
ZDNet Australia looks at some of the biometrics technologies currently available and examines how they can protect your valuable network.
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