Phishing Attacks Cost Australian Bankers A$25 Million Per Year
Amanda Hodge reports in the Weekend Australian on keystroke logging attacks against online banking customers.
There's little chance the true cost of internet fraud to banks – in stolen funds and the many millions spent staying ahead of increasingly sophisticated hacking scams – will be made public. To reveal the full cost and extent would shatter fragile consumer confidence in a system that is proving increasingly vulnerable to crime.
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