Australia’s governments are all about creating more customers.
Creating more 'consumers' and importing more useless eaters, where that subject is beyond the scope of this article.
What could go 'wrong', right?
Well, banks and financial institutions do factually commit offences and breach various Australian law, but they’re allowed to get away with it as seen within the Royal Commission, which at the end of the day was a ‘money for mates’ farce at the expense of the Australian Taxpayers.
Another action banks do, is aggregate your information, package it up, and sell it many times over.
If you ‘tap on’ and ‘tap off’ with your bank issued credit or debit card, then the bank will know your movements, package up this data and again, sell it many times over.
If you truly value your privacy, and therefore security you will not use your card or even phone with its virtual card for myki related travel.
In any event, that will just be another database which hackers will be able to eventually access and use it for whatever purpose they see fit.
The question is not ‘if’ but rather ‘when’ will your data get hacked?
