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Financial sector increasingly vulnerable to cybercrime

 Report warns on cybercrime

Report warns on cybercrime Source: AAP

A new government report has revealed Australia's financial sector is becoming increasingly vulnerable to cybercrime as technology develops. A review by the Australian Transaction Reports and Analysis Centre (AUSTRAC) shows the country's stock exchange faces a medium level of threat from criminal exploitation.


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By Lydia Feng, Olga Klepova

Source: SBS



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A new government report has revealed Australia's financial sector is becoming increasingly vulnerable to cybercrime as technology develops. A review by the Australian Transaction Reports and Analysis Centre (AUSTRAC) shows the country's stock exchange faces a medium level of threat from criminal exploitation.



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