cyber attack

The Assistant Treasurer has suggested that financial institutions shouldn’t be solely responsible to foot the bill for scams and cyber attacks.

Local e-conveyancing providers are “taking several steps to ensure we remain vigilant” in the aftermath of the cyber attack overseas.

ASX-listed lender Latitude Financial Group has been hit by a cyber-attack believed to have originated from a major vendor of the company.

The non-bank lender has released its 1H23 results for the period ended 30 June 2023, which revealed the impact of its cyber breach earlier this year.

The non-bank has confirmed it is has stopped onboarding new customers as a major cyber attack remains active.

Around 7.9 million driver’s licence numbers and hundreds of thousands of passport numbers have been stolen in the major cyber attack, Latitude has revealed.

The major bank has recently released data outlining a 30 per cent drop in scams from last year. What’s driving these wins?