Westpac is considering additional security measures for its online banking system after a spate of security and availability dramas.
Westpac is still trying to identify a problem that caused it to restart its servers for online banking earlier today.
Westpac is warning customers that, despite being back online, access is to its Internet banking service is sitll limited.
Westpac’s Internet banking service has collapsed again today, just hours after the bank had corrected problems that led to yesterday's 24-hour outage.
Westpac has been forced to take down its Internet banking service on the back of a technical glitch, which caused significant disruptions to the service earlier this week.
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?
Just as Internet users learn that clicking on a link in an e-mail purporting to come from their bank is a bad idea, phishers seem to be developing a new tactic -- launch a DDoS attack on the Web site of the company whose customers they are targeting and then send e-mails "explaining" the outage and offering an "alternative" URL.
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?
Security weaknesses in Microsoft's server and browser software are taking their toll on Australian Internet banking sites.
It's impossible to predict what lurks in cyberspace but there's sufficient evidence, for the corporate sector especially, to wake up and smell the patches. Unfortunately, Westpac failed to heed the warning signs.
The security flaws plaguing Internet Explorer has led to a renewed interest in other browser options, with market research pointing to Firefox as the leading choice. But a bigger problem, if left unresolved, could lead to corporate bottom lines being affected.
Security researchers worked overtime in 2007, which turned out to be a nightmare for software vendors from day one.
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