The National Australia Bank's upgraded Internet banking service, currently in pilot phase and built with improved usability in mind, now supports Apple users and works with the Linux operating system.
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.
National Australia Bank is confident that it has the tools it needs to leapfrog rivals by adopting three-factor authentication, adding an extra means of security to the normal two factors most Australian banks offer customers to secure their transactions.
Internet banking is a boon to many, by saving customers the hassle of rushing to the bank during office hours and queuing. However, according to the BBC, online banking has spawned some undesirable side effects.
A sophisticated online phishing scam which hit Westpac has been scuttled but it's unclear if customer accounts were compromised.
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?
Does the improved credit card security offered by chip and PIN-embedded credit cards mean a future of greater personal liability?
It took help from three security experts, Citibank's spokesperson, dozens of e-mails and almost a full working day of investigation to confirm that an e-mail I had seen from Citibank was not actually a clever phishing attempt.
Security weaknesses in Microsoft's server and browser software are taking their toll on Australian Internet banking sites.
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.
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?
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?
The Bank of Queensland is in the midst of a $480 million outsourcing partnership with EDS which has seen the bank's profits double in the last three years.
South Korean government officials are warning consumers that Internet and e-commerce sites in that country may lack full compatibility with Microsoft's Windows Vista operating system, which will become available to consumers next week.
Customers and analysts say Microsoft is forcing its most important partners to use competing browsers by its move to integrate IE with Windows.
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