Crime Down Under
Online fraud costing NAB millions
The National Australia Bank is losing about A$1 million a month to Internet banking fraud, according to a confidential internal document acquired by Australian newspaper Herald Sun BusinessDaily.
According to the newspaper article, the document was issued to senior technology staff as part of a drive to improve online security and stem a "tide of losses".
The National Australia Bank is losing about A$1 million a month to Internet banking fraud, according to a confidential internal document acquired by Australian newspaper Herald Sun BusinessDaily.
According to the newspaper article, the document was issued to senior technology staff as part of a drive to improve online security and stem a "tide of losses".
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