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: 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