Fergie's Tech Blog

Banks Failing on ATM Security

Ian Williams writes on vnunet.com:

Banks and financial institutions are leaving customers' personal details vulnerable to hackers by failing properly to secure their ATMs, according to a new report.

Managed security firm Network Box cited three main threats to ATMs: IP worms, disruption of the IP network and denial of service, and the harvesting of transaction data for malicious purposes.

The company said that ATM security risks have increased because of the changing ways in which they operate.

Many ATMs were built on proprietary hardware, software and communications protocols.

But it is estimated that 70 per cent of current ATMs are based on PC/Intel hardware and commodity operating systems using standard IP networking with some additional peripherals housed in a secure vault-like box.

posted by Fergie @ 2/23/2008 07:58:00 PM