'NameCheck' will provide customers an indication of whether the name and account details they have entered in money transfers are correct.
February 6, 2023Financial institutions are directed to adopt "robust and layered" security controls and industry best practices to reinforce email security.
October 15, 2022Most successful business email compromise frauds occurred because LCs did not check or verify the identities of email senders or they ignored red flags.
March 25, 2022Boards, auditors, and regulators will demand that firms level up their incident response playbooks, tools, and platforms.
March 16, 2022ASIC reportedly decided against including scam prevention as part of its ePayments Code review as a result of "fierce pushback" from major banks.
February 9, 2022The new taskforce will enable the Australian police to have a more unified approach to pursue ransomware attackers.
June 22, 2021