Last year Australians were told to jump on to the New Payments Platform (NPP) to use PayID for faster transactions which would be safe, secure and instant. Now banks are urgently warning customers that the New Payments Platform has been breached resulting in millions of user's banking details being exposed. Westpac bank has warned of SMS phishing attempts from hackers. So far other than the release of customer information the impact has been minimal.
(Score: 3, Informative) by Mykl on Monday August 26 2019, @02:33AM (4 children)
TFA specifically mentions that "Tens of Thousands" of customers are affected. Summary states "Millions". Not sure where the error crept in.
FYI, I am an Australian, and I didn't even know that PayID was a thing. Lucky me, I guess.
(Score: 0) by Anonymous Coward on Monday August 26 2019, @03:46AM (1 child)
The news will reach you when your hand delivered Internet connection catches up next year.
(Score: 2) by MostCynical on Monday August 26 2019, @04:37AM
IP over snail?
On topic, this is what happens when banks collaborate (well, this or rate fixing)
"I guess once you start doubting, there's no end to it." -Batou, Ghost in the Shell: Stand Alone Complex
(Score: 3, Funny) by driverless on Monday August 26 2019, @05:35AM
Yeah, that whole NBN thing kinda sucks, I feel sorry for you guys. You may have to get your info from something faster like the Sydney Herald print edition.
(Score: 2) by DeathMonkey on Monday August 26 2019, @05:31PM
What is this, a Trump speech about jobs?