Tags: authentication, fraud, internet banking

News (15)

• St George counts down to two-factor authentication

  St George is joining the ranks of financial institutions taking up two-factor transaction authentication to protect its customers from fraud.

• Bank secures Internet logins via mobile messages

  New Zealand's ASB Bank is implementing a new authentication system that uses SMS messaging to reduce the potential for mass Internet banking fraud.

• BankWest takes token approach to security

  Perth-based BankWest has unveiled plans to adopt two-factor authentication for its online business banking customers, adding momentum to the national push to beef up security for Internet banking services.

• Tokens no silver bullet for security: banks

  Authentication tokens used for online transactions will not stop identity theft, banks have warned as they search for other measures to secure customer accounts.

• Banks to blame users for Web fraud?

  Should Australians be worried that NZ bank customers are being used as "lab rats" to see if users could be made liable if they fall victim to online fraud?

Features and Case Studies (3)

• Online banking theft -- who pays?

  Don't expect Internet scams, hackers, trojan horses and the like to vanish overnight. The challenge is for banks and customers to minimise their exposure to losses. But how?

• AU phishing scams to get worse

  Online fraudsters are getting smarter and the current round of "phishing scams" may just be the start, according Australian High Tech Crime Centre (AHTCC) head Alastair MacGibbon.

• Social engineering: Don't be fooled

  It is a hard one to protect against, as attackers prey on the kindness of strangers, but there are some tips to prevent your company being a victim to social engineering ploys. Also: Hackers: Under the hood

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