A sophisticated online phishing scam which hit Westpac has been scuttled but it's unclear if customer accounts were compromised.
Just weeks after Westpac's online banking systems were crippled by a Denial of Service (DoS) attack, it is warning customers about a new wave of hoax e-mails.
The online banking system of Westpac was crippled several times and its customers were the target of a phishing attack but the bank has denied the two incidents were related.
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?
ING Direct Australia says it will not follow its US arm and give free security software to its local customers.
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.
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?
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?
Online fraudsters are getting smarter and the current round of "phishing scams" may just be the start, according Australian High Tech Crime Centre (AHTCC) head Alastair MacGibbon.
Peter Cullen, the company's chief privacy strategist, explains how Sender ID can take a bite out of spam and phishing.
There are some security practices every worker should be aware of. ZDNet Australia offers an easy step-by-step guide to make educating your employees easy.
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