The Reserve Bank is among financial regulators globally seeking to ensure payment systems that handle retail transactions are more resilient and secure as people move away from cash towards electronic payments. This is particularly important due to increased commercialisation of consumer data and interest in people’s personal banking data.

https://www.smh.com.au/business/the-economy/security-vulnerabilities-risk-of-fraud-in-electronic-payments-rba-20180708-p4zq95.html