Tech News

Tech Business News

  • Home
  • Technology
  • Business
  • News
    • Technology News
    • Local Tech News
    • World Tech News
    • General News
    • News Stories
  • Media Releases
    • Tech Media Releases
    • General Media Releases
  • Advertisers
    • Advertiser Content
    • Promoted Content
    • Sponsored Whitepapers
    • Advertising Options
  • Cyber
  • Reports
  • People
  • Science
  • Articles
    • Opinion
    • Digital Marketing
    • Guest Publishers
  • About
    • Tech Business News
    • News Contributions -Submit
    • Journalist Application
    • Contact Us
Reading: Scammers Exploit Myki Cards, Stealing From Victorian Commuters
Share
Font ResizerAa
Tech Business NewsTech Business News
  • Home
  • Technology News
  • Business News
  • News Stories
  • General News
  • World News
  • Media Releases
Search
  • News
    • Technology News
    • Business News
    • Local News
    • News Stories
    • General News
    • World News
    • Global News
  • Media Releases
    • Tech Media Releases
    • General Press
  • Categories
    • Crypto News
    • Cyber
    • Digital Marketing
    • Education
    • Gadgets
    • Technology
    • Guest Publishers
    • IT Security
    • People In Technology
    • Reports
    • Science
    • Software
    • Stock Market
  • Promoted Content
    • Advertisers
    • Promoted
    • Sponsored Whitepapers
  • Contact & About
    • Contact Information
    • About Tech Business News
    • News Contributions & Submissions
Follow US
© 2022 Tech Business News- Australian Technology News. All Rights Reserved.
Tech Business News > General > Scammers Exploit Myki Cards, Stealing From Victorian Commuters
General

Scammers Exploit Myki Cards, Stealing From Victorian Commuters

Public Transport Victoria (PTV) has confirmed that scammers are hacking a vulnerability in the Myki payment system to steal money from commuters in Victoria. At least 14 people have had money taken out of their accounts by scammers. Daniel Bowen, representing the Public Transport Users Association, says scammers are exploiting weaknesses in the Myki card registration process.

Matthew Giannelis
Last updated: June 12, 2024 12:29 am
Matthew Giannelis
Share
SHARE

According to PTV, at least 14 individuals have reported having money taken from their accounts through fraudulent activity. Daniel Bowen, representing the Public Transport Users Association, explained that scammers exploit weaknesses in the registration process of myki cards.

As a precautionary measure, commuters are advised by the Public Transport Users Association to register their myki cards to safeguard against such fraud.

Currently, PTV facilitates card registration through online platforms or by phone using the unique 15-digit number printed on each myki card.

Mr. Bowen says registering a myki card seems to thwart scammers from exploiting the vulnerability. While only a handful of cases have been reported thus far, he stressed the urgency for government intervention before the problem escalates.

Trials scheduled for this year aim to enable the use of debit and credit cards on Victoria’s public transport network, marking a transition away from myki cards anticipated to span two years.

“A lot of people who use myki don’t register their cards, and it appears that this may leave them vulnerable to this scam,” says Mr Bowen

“The scam appears to happen when scammers work out that cards are unregistered, and register it to their name and claim a refund.” he says.

A report from July 2023 revealed that a proposed trial, allowing Victorians to tap on public transport using credit cards or phones instead of myki cards, was rejected by the government three years prior.

Shadow Minister for Transport, Matthew Guy, criticised the government for its slow response in transitioning away from the outdated myki system. He emphasised the importance of prioritizing the upgrade of the ticketing system, especially in light of potential data compromises.

In 2005, the Keane Australia Micropayment Consortium – known as Kamco – was contracted to develop the myki system, which replaced the paper Metcard system under a 10-year deal worth almost $1 billion.

Individuals who believe their myki card has been compromised are encouraged to reach out to Public Transport Victoria promptly by dialing 1800 800 007.

By Matthew Giannelis
Follow:
Secondary editor and executive officer at Tech Business News. An IT support engineer for 20 years he's also an advocate for cyber security and anti-spam laws.
Previous Article Kinéis Announce Launch of Innovative IoT Constellation in APAC
Next Article Global E-Bike Market 71.5 Billion by 2030 Global E-Bike Market Set to Surge – 71.5 Billion by 2030
Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Myki Scams Public Transport Victoria - Tech News

Tech Articles

Content creation platforms leveraged for phishing attacks

Phishing Attacks Exploit Content Creation Platforms

Content creation platforms are being leveraged for phishing attacks. Its…

September 17, 2024
Re-Engagement Campaigns - Inactive Subscribers

Re-Engagement Campaigns To Bring Back Inactive Subscribers

If you’re managing an email list, you’ve probably noticed that…

November 26, 2024
VPN Service Providers Cyber Attacks

Should VPN Service Providers Be Held Accountable For Cyber Attacks?

Should VPN service providers be held accountable for cyber attacks…

November 3, 2024

Recent News

How the Australian media is grappling with AI
General

News & Media Columnist Jobs On The Chopping Block: Grappling With AI

7 Min Read
TCS App Preterm Babies
General

TCS-Designed App Will Support Parents of Preterm Babies in South Western Sydney

3 Min Read
Scams In March Scamwatch
General

Australians lost nearly $100 million to scams in March

5 Min Read
Open universities tech news
EducationGeneral

Open Universities Australia Leverages Rimini Street

4 Min Read
Tech News

Tech Business News

Stay up to date with the latest technology & business news trends from Australia and the around the world.

Technology News reports and whitepaper publishing services are available along with media and advertising options

Our Australian technology news includes People, Business, Science, World News, Local News, Guest publishers, IT News & Tech News Australia | Tech News was established in 2019

About

About Us 
Contact Us 
Privacy Policy
Copyright Policy
Terms & Conditions

December, 10, 2024

Contact

Contact Information.
Melbourne, Australia

Werribee 3030

Phone: +61 431401041

Hours : Monday to Friday, 9am 530-pm.


Tech News

© Copyright Tech Business News 

Latest Australian Tech News – 2024

Welcome Back!

Sign in to your account