Which bank? - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
Ford Forum Ford Forum

» Auto Insurance
» Featured Product
» Wheel & Tire Center

Go Back   Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > The Pub
Register Home Forum Active Topics Photo Gallery Auto Loans Garage Mark Forums Read Auto Escrow

The Pub For General Discussion

FordForums.com is the premier Ford Forum on the internet. Registered Users do not see the above ads.
Reply
 
LinkBack Thread Tools Display Modes
Old 02-13-2002, 18:53   #1 (permalink)
Registered User
 
Falchoon's Avatar
 
Join Date: May 2001
Location: Somewhere over the rainbow
Posts: 3,544
Which bank?

From The Australian




Quote:
Bank owns up to cyber swifty
By Andrew White
February 14, 2002
THE Commonwealth Bank, Australia's largest online banker, has admitted its NetBank service was the victim of fraud and revealed a major overhaul of bank systems is under way to combat the causes of recent blackouts in its online services.

But CBA chief executive David Murray yesterday denied fraud had occurred because of a flaw in the bank's operating systems. Rather it had been an "identity fraud by certain criminals" committed on the NetBank. He would give no further details, saying they were confidential.

Mr Murray's admission contrasted with previous statements from CBA that its systems had not been the victim of internet fraud or hacking.

Last July, the bank was forced to investigate the service's security after a computer technician claimed on Melbourne radio that hackers could gain access to customer accounts.

But CBA denied NetBank was hacked or that its customers' security had been compromised.

In May, CBA's head of cards and financial products, Nick Kennett, denied a report in The Australian that hackers had broken into the bank's system and taken card details.

"No one has hacked into the cards system. The cards system has not been compromised and card-holders' details have not been compromised," Mr Kennett said at the time.

The Australian Bankers Association, which is headed by Mr Murray, also denied last year that there had been any cases of hacking into Australian banks' online systems. However Mr Murray told The Australian yesterday: "Every system is susceptible to fraud.

"The question is, is the NetBank susceptible to fraud in a way that other systems are not and it is not.

"Banks have suffered from fraud since they started".

Spokesmen for ANZ, Westpac and National Australia Bank told The Australian yesterday they were not aware of any cases of fraud involving their online banking services.

All banks, including CBA, guarantee their customers' funds in the event of fraud.

An estimated 2.5 million of CBA's 7.5 million customers use its online services, which include NetBank and the CommSec online share broking service.

Late last year CBA hired one of the foremost international internet security experts, Rob McMillan, from the United States as executive manager of information assurance.

Mr McMillan, an Australian, previously worked with the crack Computer Emergency Response Team at Pittsburgh's Carnegie Mellon University, which is sponsored by the US Department of Defence.

He also recently co-authored a book on online security issues, urging Australian organisations to upgrade the security of their systems.
__________________
You know, somebody actually complimented me on my driving today. They left a little note on the windscreen. It said, 'Parking Fine.'So that was nice.

____o00o_=^..^=_o00o____
Falchoon is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 02-13-2002, 18:56   #2 (permalink)
gone
 
laminge's Avatar
 
Join Date: Feb 2001
Posts: 10,402
I can tell you the CBA systems have never been hacked, if you want to check your details please pm me your account number and pin number..
laminge is offline   Reply With Quote
Sponsored Links
Advertisement
 
Reply

  Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > The Pub



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Commonwealth bank and NETBANK WARNING laminge The Pub 15 03-25-2003 04:33
Interesting bank story (not a bash) Falchoon The Pub 8 08-09-2002 17:54
Bank revenge Falchoon The Pub 4 08-05-2002 02:07
AUSPOC Bank Account Plea DRU842 The Pub 5 02-15-2002 04:52

Powered by vBadvanced CMPS v3.2.2

All times are GMT -7. The time now is 08:12.



Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0
Garage Plus vBulletin Plugins by Drive Thru Online, Inc.