Westpac Bank is set to improve its security credentials and tackle card swiping scams by issuing credit card holders with chip-embedded smartcards.
Visa Australia said today it was moving to chip and PIN technology for all of its credit cards, with signature transactions to be banned by April 2013.
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.
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.
Woolworths customers don't want data included in their mobile phone plans, according to research the retailer completed to launch its 2G wholesale mobile partnership with Optus today.
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?
The footage Four Corners displayed of a suspected Melbourne fraudster's house and technology during a police raid last week hardly fits the profile of a master fraudster.
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.
The new interactive Telstra "flagship" store will be open from 2 November. Dubbed T.Life, the store is located at 400 George Street, on the corner of George and King on the group floor of the Telstra building.
After a rash of data breaches, one wonders why our personal data is being stored by companies at all.
Nokia and MasterCard launch a US trial of a new breed of mobile phone technology that lets people use their Nokia phones as credit cards.
Australian MasterCard executives are awaiting the results of a joint trial with Nokia in the United States of new technologies that allow individuals to use their mobile phones as credit cards before implementing any local program.
Money is fast becoming the lifeblood of the Web, yet there hasn't been a simple way for individuals to send and receive cash online. Credit cards work well for most e-commerce sites, but what about auctions, or the occasional sale from your personal Web site?
Microsoft Money 2006 is a worthwhile upgrade for current users who like to bank and pay bills online, but it requires Windows XP.
For home and student use, we think Norton 360 represents the best value for ease of use, tools offered, and overall system performance. We recommend it over McAfee Total Protection and Microsoft Windows Live OneCare.
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