Don't expect Internet scams, hackers, trojan horses and the like to vanish overnight. The challenge is for banks and customers to minimise their exposure to losses. But how?
Australians experience one of the highest levels of cybercrime in the world, according to a new survey but are Aussies really such easy targets?
The National Australia Bank is teaming up with Macquarie University to develop methods to pre-empt cyberattacks on financial institutions.
The Australian Federal Police (AFP) yesterday finalised the restructuring of its high tech crimes division, with the announcement that the force's final two independent technical units have been amalgamated with High Tech Crimes Operations.
Researchers from security firm Sophos have traced the route of a phishing attack that targeted Australian banking customers -- the fraudsters used numerous compromised servers in Korea, the United States and Malaysia. And unlike traditional viruses, malware and phishing attacks are coming armed with the capability to adjust to the level of a user's defence.
Don't expect Internet scams, hackers, trojan horses and the like to vanish overnight. The challenge is for banks and customers to minimise their exposure to losses. But how?
Verification gadgets range from tokens to mobile-phone-based systems, but cost keeps them from catching on.
Computer scientist Phillip Hallam-Baker says the rise of the professional hacker means the IT world must unlearn old lessons.
special report Phishing attacks may have slowed, but their sophistication is increasing at a rapid pace.
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