Oireachtas Joint and Select Committees

Wednesday, 24 May 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Authorised Push Payments Fraud: Banking and Payments Federation Ireland

Ms Niamh Davenport:

I do not have that information to hand. I can definitely come back to the Deputy on it. It depends on the level of investigation. We will be giving key information under the education-and-awareness pillar we talked about earlier, later in the year. We have seen apps downloaded from the Apple or Google stores, that is, from the authorised store. The apps are available through Google and Apple. We will advise people to be careful of what they allow these apps access to on their phones, because they can trace and monitor a person's keystroke movements and copy them. They can see a person logging into his or her online banking and have access to it. Depending on the case, it may take longer to investigate, but this is another reason we need to get everybody in the room together. These apps are in the stores on Apple, Google or Android phones. A recent example I heard of was a torch app somebody downloaded that was monitoring the person's keystrokes and passwords. There is reason for caution. We will be giving an alert, but we have only heard of these cases recently. We will be engaging in education and awareness around the issue. It was news even to me that phones could do that.

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