Financial institutions have long relied on a simple assumption: the more identity data collected, the greater the confidence in a customer’s authenticity. That assumption is becoming increasingly unreliable. Digital lending platforms, banks, credit unions, and FinTech providers now operate in...
According to studies, almost 90% of Australian companies report that they receive around 5,000 cyber menaces a day. Australia’s banks and insurers have always been the most attractive targets for cybercriminals. As this is the case, the Australian Prudential Regulation...