SitusAMC Cyber Breach Sparks Fallout for JPMorgan, Citi, and Morgan Stanley
Image: GoldenDayz/Envato A cyberattack on mortgage-processing vendor SitusAMC has big banks bracing for fallout. And the scope may be wider...
banks
Visa Looks Beyond OTPs for Payment Authentications
Card company Visa will require Australian financial institutions to move away from SMS One-Time Passwords (OTPs) as the sole factor...
Examining Resilience: The Preparation of Australian Boards for CPS 230
By July 2025, Australian financial institutions such as banks, insurers, and superannuation funds are required to adhere to more stringent...
Banks witnessing growing dependence on ‘large technology’ for AI leading to fresh hazards
According to European banking executives, the surge in artificial intelligence will amplify banks' reliance on major US tech companies, consequently...
Banks’ push towards ‘tokenisation’ of assets progresses slower than anticipated
Financial institutions that have been discussing the transformation of assets such as bonds and currencies into 'tokenised' forms for years...
APRA urges banks and investment firms to review backup storage and deletion controls
The financial security regulator in Australia has cautioned banks and other regulated bodies to assess their IT backups and administrative...
