Australia does not need new legislation to deal with the growing spyware problem, the federal government says.
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.
The Commonwealth Bank says some customers are experiencing difficulty logging on to its Internet banking service.
St George is joining the ranks of financial institutions taking up two-factor transaction authentication to protect its customers from fraud.
Australian banks' drive to shift transactions undertaken at bricks and mortar branches to less expensive electronic and direct channels is continuing to bear fruit, new figures from one of Australia's largest banks reveals.
Get an insider's look at the recent history and potential imminent future of the technology operation of Westpac Banking Corporation and its subsidiary St George in the last of our Changing of the guards series examining generational change in the nation's big four banks.
Get an insider's look at the recent history and potential imminent future of Australia and New Zealand Banking Group's technology operation in the third of our Changing of the guards series examining generational change in the nation's big four banks.
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?
Australians are continuing to turn to electronic banking channels despite excessive hype over security problems such as skimming and hacking, according to the Commonwealth Bank of Australia.
Australian customers were today digesting the implications of last night's widely-predicted AU$7.6 billion acquisition of customer relationship management vendor Siebel Systems by Oracle.
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