By the end of 2013, just 4,150 ATMs in Europe — 0.7 percent of the total — had been upgraded to Windows 7, according to the comprehensive study, „ATMs in Europe 2014: Hardware, Software and Services,” by RBR. The strategic research and consulting firm also found that 23 of the 33 country markets studied have no Windows 7 ATMs at all.
Desire for service, stability
Adoption of newer operating systems has been slowed by the need for suppliers to provide driver software for the hardware devices in ATMs, such as cash dispensing mechanisms and card readers. And, because downtime has a major impact on customer service, the banking industry has clung to established operating systems with proven stability.
Risk mitigation initiatives
ATM operators have implemented a variety of risk mitigation tools, including whitelisting, sandboxing and encryption, along with more conventional technology like application-level firewalls and anti-malware and anti-virus software. However, opinions differ as to whether these countermeasures comply with payment card industry security requirements, and whether institutions are leaving themselves open to substantial fines.
Risks after XP support ends
The lack of migration from XP suggests that most banks believe they have sufficient security solutions in place to protect their networks, at least for now, RBR said. How quickly migration proceeds will depend on criminals’ ability to exploit newly discovered XP vulnerabilities at the ATM.
For now, banks are confident that the risk is small, but a well-publicized breach would cause many banks to re-evaluate.
Source:www.atmmarketplace.com
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
