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RBA wants new online fraud strategy deployed ASAP – 28 August 2018
The Reserve Bank of Australia has put Australia’s major banks and payment card schemes on notice that it expects swift action and real results from a new industry-wide strategy to reduce online payment card fraud. The Productivity Commission has also called for an overhaul of fraud rules, known as the ePayments Code, as part of its recent review of the financial services industry.
https://www.itnews.com.au/news/rba-wants-new-online-fraud-strategy-deployed-asap-511573
What you should know about facial recognition technology – 28 August 2018
Discussions on the advancement of facial recognition software in marketing and customer engagement efforts by various innovation companies like Noahface, Fjord Bronwyn Van der Merwe and iOmnisicent. The technology is often engaged for security purposes, such as detecting known criminals, left objects or anti-social behaviour but it can be used for various other applications also.
https://www.cmo.com.au/article/645776/what-should-know-about-facial-recognition-technology/
Weird thing this fake billionaire is more worried about than her jail time – 24 August 2018
A Truck driver’s daughter Anna Sorokin, posed as a Russian billionaire heiress was indicted for allegedly using fake identity to swindle hundreds of thousands of dollars. She cheated banks, wrote bad cheques to fancy hotels and restaurants and created a fake financial adviser. The judge blasts her for ‘showing no remorse’ and being more concerned about who will play her in the movie. She could face 15 years in jail.
Surveillance legislation: Government’s ‘lip service’ on backdoors – 27 August 2018
Concerns that draft legislation Telecommunications and Other Legislation Amendment (Assistance and Access) Bill 2018 could reduce the security of online communications services, despite government pledge.
