SMS-based two factor authentication has been touted as a way of improving online banking security but Westpac's head of information security disagrees.
The recent potential premature disclosure of Westpac's annual results in a poorly-constructed e-mail was like blood in the water for Adobe, which is now eagerly trying to sell the bank electronic document security.
Phishing complaints from Westpac customers have massively declined since the height of the hoax last year, according to the bank.
If you recently paid any fines to the NSW Infringement Processing Bureau over the Internet you may want to inspect your bank statements with a cannier eye than usual this month.
The Commonwealth Bank stands alone as the only top tier bank in Australia with its sights on biometrics as a means to improve security for its customers -- but critics say the technology is still too young.
Phishing complaints from Westpac customers have massively declined since the height of the hoax last year, according to the bank.
History of British PCs
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