He simply redirecting how the bank will be robbed in a modern way. Simply providing a new gateway (Tech Talk )for BOQ clients to be robbed and the client will wear the loss. That is why there is always a disclaimer!
I guess the benefit is that the bank it self hasn’t be robbed but simply one off the bank client’s!
In today’s newspaper a client transferred monies in a branch to buy a Merc for his wife birthday. The BOQ isn’t prepared to refund this client for his loss and denying any liabilities.
Yet from my observation the CEO has behaved badly to elderly shareholders and clients with the use of digital duress compelling them to go online.!
I've been in the past denied a vote because I insisted on obtaining a printed version of the NOM and to be provided with a replied paid envelope!
I never had faith in this technology because it exposes the privacy of individual clients to the rest of the world with the minimum of costs for the hacker when it comes to equipment costs.
One of the greatest deterrent for the amateur hackers was the equipment cost for the analogue technology. Digital technology has all the attributes that favours hackers, cheapness of equipment, speed off transferring information and being based on software instead of hardware safety feature’s.
I try to keep my digital footprint to a minimum, mainly for entertainment value like being on HC….that doesn’t mean that in some instances I have been compelled to go online, reluctantly!
Recent events like Optus, Medibank Private and Woolworths is empirical evidences that this is the worst technology forced by the Private and Public sector’s on the Community when it comes to privacy!
All this compromise forced on the community is due these sectors desire to save monies.
Worst part, most off the community don’t realise that these entities achieve these saving by transferring previous business expenses on their client’s - they’re using ur digital infrastructure at no cost to them
.Ur infrastructures become an extended part of the company operation!
Maybe u could achieve get a greater company returns beside dividends by demanding them to lease ur equipment…..if they refuse…simply tell them that all communications should revert back to the old fashion expenses by mailing all in printed format!
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