Commbank offers customers free Net security

Joins Westpac and the growing trend of Australian banks offering free security suites to customers

The growth of online security threats has led more Australian banks partner with software vendors to offer free security suites for customers as a means of minimising risk.

In the latest example the Commonwealth Bank has signed a partnership with McAfee month to offer 5.5 million customers who use its online banking service, NetBank, an Internet security package.

The offering includes active protection, enterprise anti-spam, anti-virtus and anti-spyware, two way firewall protection, anti phishing and two way firewall protection.

Commonwealth Bank ANZ director for consumer sales, Monica Kelly, said in a statement that it has seen strong growth in the volume and sophistication of threats with 55,000 new samples of malware detected every day.

"Consumers must have adequate security protection to allow them to combat emerging threats to ensure their personal information and identity is not compromised,” she said.

Some of the deals offered to users include free internet security to ward off spyware and stave off attacks from botnet programmes written to target banks such as Zeus , which went underground after arrests in the US and UK late last year.

The Commonwealth joins Westpac, which earlier this year signed a deal with PC Tools to offer its online banking customers 12 months' free use spyware, antispyware, antivirus, firewall plus and spam protection tools.

Westpac and the Commonwealth's offerings will help protect users from an increasing number of spyware and botnet programs, such as Zeus, specifically written to target banks. Zeus was designed to evade security software and grab online banking details.

The National Australia Bank, ANZ and St George were contacted for comment but did not responded at the time of writing.

Follow Hamish Barwick on Twitter: @HamishBarwick

Follow Computerworld Australia on Twitter: @ComputerworldAU

Join the CSO newsletter!

Error: Please check your email address.

Tags commonweralth bankpc toolsmcafeeWestpacsecurity

More about ANZ Banking GroupCommonwealth Bank of AustraliaMcAfee AustraliaNational Australia BankNetBankPC ToolsWestpacWestpac

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Hamish Barwick

Latest Videos

  • 150x50

    CSO Webinar: Will your data protection strategy be enough when disaster strikes?

    Speakers: - Paul O’Connor, Engagement leader - Performance Audit Group, Victorian Auditor-General’s Office (VAGO) - Nigel Phair, Managing Director, Centre for Internet Safety - Joshua Stenhouse, Technical Evangelist, Zerto - Anthony Caruana, CSO MC & Moderator

    Play Video

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

More videos

Blog Posts

Market Place