Credit card users will be given the option of entering a PIN as an alternative to signing their name to authenticate a transaction under a banking industry initiative scheduled to start today.
Westpac Bank is set to improve its security credentials and tackle card swiping scams by issuing credit card holders with chip-embedded smartcards.
Retailers are being warned to expect an increase in online fraud as new initiatives to secure bricks-and-mortar transactions incent criminals to target other channels.
UK banks, as well as savings and loan associations, have been given the power to find out if the credit cards they've issued are being used to access illegal material online.
The five major credit card companies have teamed up in the interest of better security.
Banks are under a great deal of pressure to keep their systems watertight but sometimes they implement security policies that make no sense and create unnecessary inconveniences for their customers.
Near field communications -- or NFC -- may sound like another dull mobile acronym. However, the reality is a smooth system that will delight the lazy and impatient.
Does the improved credit card security offered by chip and PIN-embedded credit cards mean a future of greater personal liability?
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?
The new film Firewall is the latest in a long line of Hollywood hacker movies. But how do they rate in terms of accuracy and entertainment value?
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.
The Commonwealth Bank stands alone as the only top tier bank in Australia with its sights on biometrics as a means to improve security for its customers -- but critics say the technology is still too young.
Most of Australia's major banks are just beginning massive IT projects which will see them refresh their core banking systems. But as HSBC's Australian CIO Brenton Hush tells ZDNet.com.au, the global bank's local operation is already ahead.
Individuals have been warned about the threat of identity theft for years. Now it's the turn of businesses.
The Bank of Queensland is in the midst of a $480 million outsourcing partnership with EDS which has seen the bank's profits double in the last three years.
Microsoft Money 2006 is a worthwhile upgrade for current users who like to bank and pay bills online, but it requires Windows XP.
Internet Explorer is broken, and the bad guys know it. As you type, criminal hackers could be recording your bank login and password information. Robert offers some tips for staying safe online.
An extended period of negotiation over a relatively simple "over the phone" top-up solution for pre-paid mobiles has highlighted the conservative approach financial institutions are taking to e-commerce participation.
Starting Oct. 1, Microsoft will move many of its most popular enterprise packages--including Office--to a new subscription system that could raise the price 33 to 107 percent.
PC-cillin Internet Security 2006 has a few shortcomings, but overall it's an affordable and feature-packed security suite that reliably defends against online threats.
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