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.
St George is joining the ranks of financial institutions taking up two-factor transaction authentication to protect its customers from fraud.
Australian company Cybersource says it's currently talking to two domestic banks about providing Linux-based bootable CDs to consumers to ensure Internet banking 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.
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?
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.
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.
Who predicted the death of the password -- and spam? Why is PKI not ubiquitous? Who makes these daft predictions anyway? ZDNet.com.au looks at how the security market was supposed to shape up, according to so-called "experts".
Peter Cullen, the company's chief privacy strategist, explains how Sender ID can take a bite out of spam and phishing.
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?
Would you divulge your password to a complete stranger? A large majority would immediately pooh-pooh the notion but not some office workers in London.
Customers and analysts say Microsoft is forcing its most important partners to use competing browsers by its move to integrate IE with Windows.
ZDNet Australia looks at some of the biometrics technologies currently available and examines how they can protect your valuable network.
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