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

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    That's some cahones!

    AFR article written by a reporter named Primrose
     
  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    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

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    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

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    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.
     
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  5. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    In the good old days we had bank robbers, I prefer they do online fraud, as I rather not be a bank getting robbed
     

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