RAM Lose $1m to 'Unauthorised Payments'

Discussion in 'General Precious Metals Discussion' started by House, Jan 24, 2017.

  1. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
    That's some cahones!

    AFR article written by a reporter named Primrose
     
  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    4,171
    Likes Received:
    1,143
    Trophy Points:
    113
    Location:
    North Sydney
    This is why we should bring identity cards, link them to bank accounts, telephone numbers, driver license, medicare and get rid of cash. :lol:
     
  3. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    For all the talk about developing an "agile", "innovative" economy based on "leveraging" "big data" through technology, it's really disappointing to see really basic protocol stuff being overlooked.

    No checks on payment authorizations (the RAM case is nothing compared to Immigration's $1.5 billion in sketchy payments), CensusFail, the Centrelink debts debacle, etc...

    Edit: Primrose is a lovely name.
     
  4. James

    James Member

    Joined:
    Dec 24, 2013
    Messages:
    139
    Likes Received:
    3
    Trophy Points:
    18
    Location:
    Perth
    I'd like to see the fraudsters try to rip-off $1 million by making physical cash withdrawals at a bank. Internet security has proven to be the big risk to dollars held, far more so than physical cash fraud.
     
    Killface likes this.
  5. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    4,171
    Likes Received:
    1,143
    Trophy Points:
    113
    Location:
    North Sydney
    In the good old days we had bank robbers, I prefer they do online fraud, as I rather not be a bank getting robbed
     

Share This Page