Australia's "big four" banks face persistent cyber threats from transnational crime groups and nation-states.
Financial institutions, including Australia's "big four" banks, face persistent cyber threats from transnational crime groups and nation-states. Third-party attacks are on the rise, making it crucial for banks to prioritize cyber hygiene and invest in advanced scam-fighting technology. Australian banks have some of the strongest anti-scam protections globally, yet cybercriminals are estimated to steal $3 billion annually from Australians through scams.
July 01, 2024
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