{"id":5212,"date":"2019-08-21T16:55:07","date_gmt":"2019-08-21T16:55:07","guid":{"rendered":"https:\/\/fintech.global\/cybertechforum\/?p=5212"},"modified":"2019-08-21T16:55:07","modified_gmt":"2019-08-21T16:55:07","slug":"australian-banks-warn-customers-after-payid-breach","status":"publish","type":"post","link":"https:\/\/fintech.global\/cybertechforum\/australian-banks-warn-customers-after-payid-breach\/","title":{"rendered":"Australian banks warn customers after PayID breach"},"content":{"rendered":"<p><strong>Australian banks are warning their customers following a new data breach from PayID, a company which helps consumers use mobile or online banking without the need of account details.<\/strong><\/p>\n<p>The breach was reportedly made aware to payments platform NPP Australia on Friday, according to a report from IT News. NPP (New Payments Platform) is the result of a collaboration in the industry to offer new real-time payments.<\/p>\n<p>The incident resulted in an undisclosed amount of PayID records and associated data in the Addressing Services were left exposed through a vulnerability in one of the financial institutions sponsored into the NPP through Cuscal, it said. Cuscal is a provider of payments solutions including NPP.<\/p>\n<p>Cuscal has reportedly fixed the issue, but data including PayID names and account numbers were leaked. However, this information can not be used to withdraw funds from a customer\u2019s account.<\/p>\n<p>Financial institutions whose customer details have been affected have been informed and given steps to take to rectify the incident.<\/p>\n<p>Commonwealth Bank was one of the banks reportedly involved. It has informed a number of customers with PayID details on the attack.<\/p>\n<p>PayID is a payments platform which lets users\u2019 complete payments by registering an ID and linking it to a bank account. This lets users receive payments without needing to share a BAB or account number.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australian banks are warning their customers following a new data breach from PayID, a company which helps consumers use mobile or online banking without the need of account details. The breach was reportedly made aware to payments platform NPP Australia on Friday, according to a report from IT News. NPP (New Payments Platform) is the&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/fintech.global\/cybertechforum\/australian-banks-warn-customers-after-payid-breach\/\" class=\"gdlr-info-font excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":10,"featured_media":5213,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/posts\/5212"}],"collection":[{"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/comments?post=5212"}],"version-history":[{"count":0,"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/posts\/5212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/media\/5213"}],"wp:attachment":[{"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/media?parent=5212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/categories?post=5212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintech.global\/cybertechforum\/wp-json\/wp\/v2\/tags?post=5212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}