Understanding The Security Challenges of ATMs

January 4, 2019

Securing automated teller machines (ATMs) has been keeping bank security officers up at night ever since the first one was introduced in the 1960s. ATMs have always been subject to physical theft, of the machine itself or the cash inside. Today, however, the fastest-growing risk to ATMs comes from cyberspace. Not only do malware and hacking threaten the individual machine that is under attack but they also put the entire network at risk. As banks adopt new policies and procedures for keeping ATMs secure, they must also ensure they are meeting all appropriate regulatory requirements. At the same time, financial institutions must minimize the impact of these measures on the total cost of ownership (TCO) of their ATM network. 

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