19 July 2024
Major disruptions to payments systems as a result of the CrowdStrike outage have not occurred and are not anticipated.
Impacts on banks and payments systems have been relatively minor, with any disruptions having already been remedied or in the process of being gradually restored.
Banks will continue to monitor for any further impacts to services.
People should also remain vigilant to the risks of scams at this time and refer to their bank’s website or social media channels for the latest information.
UPDATED ALERT FROM THE AUSTRALIAN SIGNALS DIRECTORATE:
ASD’s (Australian Signals Directorate) ACSC (Australian Cyber Security Centre) understand a number of malicious websites and unofficial code are being released claiming to help entities recover from the widespread outages caused by the CrowdStrike technical incident.
ASD’s ACSC strongly encourages all consumers to source their technical information and updates from official CrowdStrike sources only.
Latest news
Australian banks strongly support the RBA’s proposed ban on debit and credit card surcharges, while overwhelmingly calling for an alternative pathway forward on interchange fees. The ABA has made the following calls in a submission to the RBA’s current consultation on the Review of Merchant Card Payment Costs and Surcharging: ABA CEO Simon Birmingham said… Read more »
Australia’s banks welcome the passing through the Senate of new legislation to ensure payments laws are up-to-date and reflect today’s digital economy. The new laws will bring digital wallets, cash distribution services, buy now, pay later schemes and other emerging payment methods within regulatory oversight, significantly enhancing protections for customers. ABA CEO Simon Birmingham said… Read more »
The ABA welcomes the passage through the House of critical legislation to ensure Australia’s payments regulatory framework is brought up-to-date and urges the Senate to quickly pass this overdue legislation too. The proposed legislation will bring digital wallets, cash distribution services, buy now, pay later schemes and other emerging payment methods within regulatory oversight, significantly… Read more »