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
Our piece of work that has been released today, Mandala providing the intellectual backdrop and analysis to support us in this, the essential infrastructure in relation to the Australian Banking industry, and what it means in the Australian economy, and critically, we want and encourage that we use this as a tool. Banks, our partners,… Read more »
Surging household ownership of Australian banks, record lending to first home buyers and strong competition helping mortgage holders save up to $2,000 a year are some of the findings of a new report released today. ‘The essential infrastructure: How Australian banks power the economy’ produced by Mandala on behalf of the ABA finds: ABA CEO Simon… Read more »
Australian banks welcome today’s proposal from APRA and ASIC to reduce the regulatory burden associated with the Financial Accountability Regime (FAR). ABA CEO Simon Birmingham said this was a sensible measure announced in the 2026-27 Federal Budget to reduce some of the administrative burden placed on banks related to FAR. “This is a commonsense and… Read more »