The newly merged Bendigo and Adelaide Bank (BAB) today said its IT costs over the past six months had continued to rise as it continued its drive to integrate the pairs' previously separate technology operations.
In an unknown location, a handful of Australia's best known companies and government agencies are undertaking secret tests in a mock cyberwar, as the country's infrastructure comes under attack in a simulated online war named Cyber Storm II.
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.
Users of online banking services are willing to change banks if competitors offer better security options, according to a new Datamonitor survey.
The Bank of Queensland's (BoQ) technology costs have increased significantly over the last year in a rise associated with the expansion of its branch network.
Constructing a new head office was a natural step in Bendigo Bank's growth. However, the bank's IT team was forced to do some creative thinking in figuring out how to upgrade and move its 20 terabyte storage area network (SAN) to the new data centre at the bank's new headquarters.
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.
The Australian Bankers Association is still grappling with two-factor authentication for Internet transactions and has almost hit a "brick wall" in its anti-fraud efforts.
The motivation for money laundering is greed, and the common gateway is the Internet. How do Australian banks use technology to fight this phantom menace? ZDNet Australia investigates.
A new security problem that exploits Microsoft's Internet Explorer browser has shaken the online banking community. Perhaps it's time to explore other options?
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