ABA slams reports it wants customers liable for online security

Monday, 22 January 2007, 9:49 AM EST

Australian Banking Association (ABA) chief executive David Bell has slammed misleading reports that member banks have been lobbying the Australian Securities and Investment Commission (ASIC) to make customers liable for Internet banking fraud.

A mix of incorrect media reports and vendor hype has created the fiasco which forced the ABA to issue a strongly worded rebuttal yesterday.

At Computerworld.

[ Read more ]




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