Westpac's $340 million project to integrate St George's systems was on target, Westpac chief executive Gail Kelly said today, but the bank's financial report warned "unexpected costs relating to the integration of technology platforms" could smother expected benefits.
National Australia Bank took the knife to its long-time chief information officer Michelle Tredenick this week, but was this a reflection of her perceived incompetence or simply a consequence of the manoeuvring at higher levels that seems endemic in Australia's incestuous banking IT community?
SMS Management and Techhnology has lost its NSW managing director Linda Chapman for health reasons.
Despite reports indicating today that Commander is up for sale, the telco was quick to dismiss the possibility of going on the market anytime soon.
Westpac's chief security officer has told of his "battle" with outsourcing partner IBM over security governance after their outsourcing deal left in-house security under-resourced.
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.
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.
Get an insider's look at Commonwealth Bank of Australia's technology operation with chief information officer Michael Harte in the first of our Changing of the guards series examining generational change in the nation's big four banks.
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.
How on earth can organisations justify paying their IT executives millions of dollars in bonuses, or in the case of the public sector, handing out salaries of half a million dollars?
Phishing scams work on an embarrasingly low percentage of users -- but apparently that's enough to keep them profitable.
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