Westpac’s Internet banking service has collapsed again today, just hours after the bank had corrected problems that led to yesterday's 24-hour outage.
Phishers keen on relieving Westpac customers of their online banking details are exploiting the "hardware problems" which have been cited by Australia's fourth largest bank to explain outages.
Westpac has been forced to take down its Internet banking service on the back of a technical glitch, which caused significant disruptions to the service earlier this week.
At the time of writing, the front page of Westpac's Web site is currently out of action, causing angst for customers around the country.
In the wake of the confirmed AU$18.6 billion merger between Westpac and St George Bank, observers have forecast that the IT hangover from the deal could take at least three years to wear off, but in the process the merged banking entity will become one of the largest IT shops in Australia.
Westpac, one of the biggest banks in Australia, experienced multiple hardware failures on Monday and at the end of last week, which caused its online banking service to fall over for hours at a time. What happened to its backup systems?
The next time you're buying antivirus software, don't go direct to Symantec or McAfee. Don't download free antivirus. And definitely don't see Harvey Norman. Ask your bank they're quite literally giving the stuff away.
Business continuity and disaster planning might seem hypothetical at times, but the finance sector is taking the threat of Avian (bird) flu, which has claimed many lives in Asia, very seriously.
Just as Internet users learn that clicking on a link in an e-mail purporting to come from their bank is a bad idea, phishers seem to be developing a new tactic -- launch a DDoS attack on the Web site of the company whose customers they are targeting and then send e-mails "explaining" the outage and offering an "alternative" URL.
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?
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.
In this special report, ZDNet Australia presents a three-part exclusive video interview with Westpac Bank chief information security officer, David Backley, in addition to tips and reviews for businesses to thwart security attacks.
When your money moves, it almost certainly travels using SWIFTNet, a network for financial institutions. We chart the ups and downs of a few Australian companies which are upgrading to the network.
Security weaknesses in Microsoft's server and browser software are taking their toll on Australian Internet banking sites.
In this special report, ZDNet Australia presents a three-part exclusive video interview with Westpac Bank chief information security officer, David Backley, in addition to tips and reviews for businesses to thwart security attacks.
In this special report, ZDNet Australia presents a three-part exclusive video interview with Westpac Bank chief information security officer, David Backley, in addition to tips and reviews for businesses to thwart security attacks.
In this special report, ZDNet Australia presents a three-part exclusive video interview with Westpac Bank chief information security officer, David Backley, in addition to tips and reviews for businesses to thwart security attacks.
Phishing scams work on an embarrasingly low percentage of users -- but apparently that's enough to keep them profitable.
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