Security

At the security coalface

Absa internet banking head Carl Louw has an unenviable task: ensuring a secure banking environment for the financial institution`s online customers.

01 September 2008

The online environment is a little like the Wild West, with threats becoming more targeted as online crime syndicates become more sophisticated. These gangs are playing for serious money, and online banking systems are at risk. Carl Louw, head of internet banking at Absa Digital Channels, talks to Brainstorm about how his team copes.

"On the hacking and vulnerabilities side, there's a lot of work done in that space in general. We hire external companies to do vulnerability and penetration tests all the time. To date, we have not picked up any.

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