by chung chinyi | Dec 20, 2024 | Uncategorized
As banks continue to shutter their physical branches, an increasing number of individuals are finding themselves navigating the vast landscape of online banking. A recent survey conducted by National Seniors Australia revealed that a remarkable 80% of older...
by chung chinyi | Dec 20, 2024 | Uncategorized
Safeguarding your financial data is of the utmost importance in banking. To achieve this, banks adhere to rigorous security protocols and standards designed to maintain the confidentiality and integrity of their information. Beyond these internal measures, external...
by chung chinyi | Dec 20, 2024 | Uncategorized
In the realm of mobile banking in the United States, recent statistics reveal a compelling narrative: security stands out as the foremost priority for everyday American users. This heightened concern arises from the inability of regulators to effectively oversee the...
by chung chinyi | Dec 19, 2024 | Uncategorized
In the modern banking landscape, the ability to detect and prevent fraud stands out as one of the most essential skills a financial institution can possess. The stark reality for banks today is that they face an overwhelming number of fraudulent attempts—often...
by chung chinyi | Dec 19, 2024 | Uncategorized
In the vast landscape of financial interactions, there exists a shadowy realm known as transaction fraud. This nefarious practice encompasses any dishonest act aimed at unlawfully obtaining money, goods, or services during a financial exchange. Picture it as a cunning...
by chung chinyi | Dec 19, 2024 | Uncategorized
The shift towards remote work, coupled with the rapid integration of digital technologies and the new behaviours that have emerged as a result, is significantly transforming the cybersecurity landscape. As a consequence, hackers now have an expanded array of targets,...
by chung chinyi | Dec 19, 2024 | Uncategorized
Banking fraud remains a significant and enduring challenge for both financial institutions and their customers, representing a grave risk to everyone involved. In 2021, the Federal Trade Commission documented an alarming 2.8 million reports of Fraud from...
by chung chinyi | Dec 18, 2024 | Uncategorized
In the intricate world of finance, banks, much like their counterparts in the financial sector, find themselves at a critical juncture where vigilance against fraud is paramount. Their mission extends beyond merely safeguarding their assets; it encompasses a profound...
by chung chinyi | Dec 18, 2024 | Uncategorized
The moment of realisation can be a jarring experience; you’ve just uncovered the harsh truth that you’ve fallen victim to a scam. That trade or investment you were so hopeful about has turned out to be nothing more than an elaborate deception. So, what steps...
by chung chinyi | Dec 18, 2024 | Uncategorized
In today’s digital age, safeguarding your online presence has become more crucial than ever, mainly when dealing with sensitive activities like banking. One effective tool for enhancing your online security is a virtual private network (VPN). However, while VPNs...
