The Australian Law Reform Commission yesterday released a report recommending Australia introduce data breach disclosure laws but Senator John Faulkner said that bridge would not be crossed by government at least for the next 18 months.
The National Australia Bank's decision unveiled today to overhaul its core banking systems was fraught with risk but necessary for a sector now seen as lagging technologically, according to local IT analysts.
The National Australia Bank will approach the overhaul of its core banking systems cautiously over the next year, spending just $30 million on the Oracle-based first stage of the project, the bank's chief information officer Michelle Tredenick said today.
ING Direct Australia says it will not follow its US arm and give free security software to its local customers.
Banks should stop forcing customers to create long, alphanumeric passwords because they can't protect against today's threats, according to AT&T computing researcher William Cheswick
Banks obviously have an interest in making consumers feel safe. They are there to protect the customers' money. They want customers to use their online services, too, because the channel offers a lower cost per transaction than a branch. But giving away free security software to make customers feel safe is probably doing more harm than good.
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.
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.
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?
This week I learned about a "trick" that you can do in Windows which, as far as I am concerned, is a serious security risk.
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 researchers worked overtime in 2007, which turned out to be a nightmare for software vendors from day one.
Financial organisations are slowly embracing the notion of unified communications, but significant organisational hurdles remain
ZDNet Australia meets with Michael Harte, CIO of the Commonwealth Bank to find out his views on security and sourcing (both out- and open-).
Kimmo Alkio takes stock of the current state of hackers, attackers, dot-bank domains and mobile phone viruses.
Strong passwords are not necessary for online banking, explains Bill Cheswick from AT&T Labs.
Microsoft has changed the look and feel of its venerable browser, while adding some much-needed security features.
While Firefox 1.5 isn't too different from the original release, what's new should attract even more Firefox users -- and that's ultimately good for the Internet.
Microsoft Money 2006 is a worthwhile upgrade for current users who like to bank and pay bills online, but it requires Windows XP.
This browser is built on the Internet Explorer engine yet includes built-in features Microsoft does not provide.
If you're looking for relatively straightforward Linux-based office productivity, you should have few problems with this distribution.
Microsoft slams Google on privacy
Google's approach to privacy is a decade behind Microsoft, the Redmond software giant's chief privacy strategi… Watch it now
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