By John StollUpdated February 20, 2018 12:30:20AUSTRALIA’S banking software company Kumpuana is targeting its users with a new security issue, which will take away their access to their bank accounts and passwords.
Kumpuan, a popular payment processor for Australian residents, has been targeting Australian users with the malicious code for over two months.
Kampulana says the issue is not new and it has been “actively monitoring” the issue.
It is understood that the vulnerability was found when a customer of Kampulan noticed that the company’s website was not displaying the appropriate information for their account, which was an issue that was addressed in a patch released earlier this week.KUMPULAN SAYS IT IS “INJURED”By John StottThe Kumpurana issue affects all customers who have an Australian Banking Services account, including those who have no Australian Banking services.
“This issue is NOT new and we have been actively monitoring it for several months,” a Kumpuliana spokesperson said.
“We have worked closely with Australian Government agencies and law enforcement authorities to resolve the issue and we are very sorry for the inconvenience this issue has caused our customers.”
The spokesperson said the affected customers will receive a text message notification on their mobile device if they are still affected.
“As we said before, the update is a patch and as such, customers who do not receive the notification should continue to use the bank’s banking software,” they said.
The update to Kampuliana’s banking applications should be available to all customers on Thursday.KAMPULANA HAS BEEN TRYING TO TELL ITS ACCOUNTS ARE NOT IN USAN LIVESHOW MANY KAMPULAN ACCOUNTAINS HAVE BEEN TAKEN DOWNTHE KAMPURANA issue is similar to the one discovered by another Australian company earlier this year, Bitflyer, which also blamed a lack of a working software patch for its security problems.
Kipulana is currently working on a patch for Bitflyers problems.
Australian Financial Review contacted the company for comment but has not yet received a reply.KMPT FINANCIAL SERVICES is also vulnerable to Kumpulinana attacks.
It has reported the issue to KMPT but has yet to receive a response.
The Australian Federal Police has warned Australians to take extra caution when using their banking services.