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Bank security stories
AI voice cloning scams cost Australians AUD $25.8m
Last month
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phishing
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physical security
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email security
AI voice cloning scams have already cost Australians AUD $25.8m in 2025, as experts warn lifelike fake calls are outpacing public awareness.
Many Australians overestimate ability to spot deepfakes
Wed, 14th Jan 2026
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phishing
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email security
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ai
Most Australians think they can spot AI scams, but new research shows fewer than half can correctly identify deepfake images in tests.
The race to biometric banking is on - which Australian bank will be first
Thu, 7th Aug 2025
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surveillance
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digital transformation
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encryption
Australian banks are racing to fully adopt biometric banking, offering enhanced security and convenience through facial recognition and fingerprint technology.
Exclusive: How Semperis is tackling identity-based cyber threats in APJ region
Mon, 16th Dec 2024
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ransomware
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advanced persistent threat protection
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bank security
As identity-based cyber threats surge, Semperis aims to bolster security in the APJ region, focusing on protecting vital systems like Active Directory.
Growth of digital payments set to cost Australian banks US$3 billion
Tue, 11th Feb 2020
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fintech
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accenture
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bank security
Digital payments growth and non-bank competition could displace US$3 billion of Australian banks' revenue, says Accenture, as payment methods evolve.
Australian banking and securities IT spend to reach $18.5 billion
Tue, 29th Oct 2019
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data analytics
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martech
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planning
Australian banking and securities IT spending is set to grow 5.2% in 2020, driven by investments in BI, analytics, and RPA, says Gartner.
Citi Global Trade uses AI to digitise compliance
Wed, 1st May 2019
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risk & compliance
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ai
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sas
Citi, partnering with EY and SAS, launches the AI-powered NextGen project to digitise global trade compliance, aiming to streamline and optimise processes.
Automated technology could save financial institutions nearly $10 million a year
Wed, 3rd Oct 2018
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cloud services
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bank security
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pitney bowes
Pitney Bowes launches Spectrum Screener, a solution for financial service providers to improve identity verification and achieve regulatory compliance.
Capgemini says banks & insurers must deal in 'currency of trust' for data security
Mon, 13th Feb 2017
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data protection
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capgemini
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bank security
Banks and financial insurers may still be seen as trustworthy by customers but the story from inside the industry is very different.
Fighting bank fraud and improving the customer experience: Can they work together?
Wed, 27th Apr 2016
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public cloud
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fintech
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cx
Decreasing the risk of bank fraud and improving the customer experience are both based on knowing the customer - can they work together?.
Banking Trojans plummet 73% – but don't get comfortable
Wed, 30th Mar 2016
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symantec
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bank security
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orchestration
Financial Trojans targeting online banking services dropped 73% last year, but Symantec is warning that Trojans are still thriving - and profitable.
Digital banking: Balancing security & convenience – without getting creepy!
Tue, 2nd Feb 2016
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uc
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iot
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contact centre
Banks are constantly adopting new and innovative technologies, but what is the impact on security? Can personalisation become creepy?.