Cyber attacks have become much more prevalent across all industries in recent years; for example, the majority LivingSocial's user base was compromised in April. Of course, these attacks also occur frequently in the financial industry. In fact, the Reserve Bank of Australia (RBA) recently reported it has been the victim of several hacking attempts over the past few years, leading to information being stolen.
Fortunately, most cyber attacks on bank websites don't result in compromised customer information, but they do often lead to banking websites being inaccessible. For those who have come to rely on the convenience offered by online banking, this can obviously be quite an inconvenience. Read More
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