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 are stepping up to help customers struggling with loan repayments and higher cost of living challenges. ABA CEO Simon Birmingham said banks stand ready with practical support measures to help customers and businesses get through this tough time. “Banks know many of their customers are making tough financial decisions right now as… Read more »
Today’s decision by the RBA to slash the funding that maintains Australia’s payments system will undermine Australia’s sovereign capabilities and advantage foreign multinationals over local companies. “The RBA’s decision will see foreign multinationals extract an increasing share of revenue from the payments system to the long-term detriment of Australia,” ABA CEO Simon Birmingham said. “Australian… Read more »
E&OETV InterviewSky News Business with Ross Greenwood31 March 2026. Topics: RBA decision on surcharging and interchange. Ross Greenwood (Host): Chief Executive of the Australian Banking Association, Simon, thanks for your time. You’re not happy, are you? Simon Birmingham (Guest): No, Ross, we’re not. Look we understand why many Australians find surcharging to be a bugbear,… Read more »