Source: www.upguard.com
The Biggest Threat to ATM Security Isn't Card Skimming but MisconfigurationCategory: Business, Security, Data, Microsoft
Learn about new features, changes, and improvements to UpGuard: For believers of the old adage love of money is the root of all evil, it comes as no surprise that most data breaches are carried out for financial gain. Verizon's 2016 Data Breach Investigations Report (DBIR) reveals that the 75 percent of cyber attacks appear to have been financially motivated; suffice to say, it's not surprising that ATMs are constantly in the crosshairs of cyber attackers.
With EMV technology embedded in new credit cards and ATM readers, magstripe card-based skimming and data theft may become a thing of the past.
Bank of America, Chase, and Wells Fargo have announced plans to update their ATMs to dispense cash with a smartphone and banking app, no ATM card required.
When used to convey enterprise data, these apps lead to data leaks that the organization remains unaware of for the majority of devices."
With EMV technology embedded in new credit cards and ATM readers, magstripe card-based skimming and data theft may become a thing of the past.
Bank of America, Chase, and Wells Fargo have announced plans to update their ATMs to dispense cash with a smartphone and banking app, no ATM card required.
When used to convey enterprise data, these apps lead to data leaks that the organization remains unaware of for the majority of devices."
Related Articles
Community Partners
DevOps Careers