ATM Black Box Tag
Murphy’s Law in ATM security
“Murphy’s Law” states that "Anything that can go wrong, will go wrong”. The principles that excellently describe the situation we have today with ATMs were introduced back in the late 70’s. The initial design of the machine (and also later designs) took it for granted that all ATM users are honest and follow rules set by banks and payment organizations. ATMs vendors and owners (banks) have assumed that ATM devices are immune against criminals and fraudster’s attacks. In contrary; what we have learned the hard way is that they are not. On the contrary– during the last 10 years it...
Lluvia de billetes en Guanajuato.
En México, todos los cajeros automáticos son hackeables físicamente, dijo Juan Carlos Carrillo, socio de IBM México, durante el seminario de ciberseguridad financiera de la firma NYCE. En México, hay alrededor de 151,000 cajeros automáticos, según datos a diciembre de 2018. El experto indica que los bancos deben realizar pruebas de su infraestructura, incluidos los cajeros automáticos, para detectar si tanto el hardware como el software son seguros. El experto ha señalado que los grandes errores se están cometiendo en las organizaciones financieras, con la idea de que todos dentro de la red son confiables. Las organizaciones financieras locales carecen...
All ATMs in Mexico are hackable: IBM (*)
In Mexico, all ATMs are physically hackable, says Juan Carlos Carrillo (*), the partner in IBM Mexico, during the Seminar of Financial Cybersecurity of the NYCE firm. In the country, there are around 151,000 ATMs, according to data as of December 2018. (…) the expert indicates that the bank must make tests of its infrastructure, including ATMs, in order to detect if both the hardware and the software are safe.(*) The expert has pointed out the big mistakes financial organizations are making, is the assumption everyone within the organization network is trustworthy. Local financial organizations lack sufficient security controls in...
The “Onion Principle” in ATM Security | updated
The security of ATMs becoming more and more complex and as a result, require a more complex approach. It must be systematic, “coordinated” and multi-layered. ATM security depends on all sides involved in the ATM manufacturing, installation, running and using process. The cardholder must be educated on how to use the ATM to avoid possible card skimming! The special design of the ATM shutter, made by the ATM vendor, could significantly lower the chance of “cash trapping” by criminals. The special SW installed by the ATM owner could prevent criminals from installing the special malware on ATMs. The small device...
Subscribe to Our Newsletter
ATM GDPR (2)
ATM Malware (6)
Black Box (3)
Cash Management (1)
Messengers & ATM's (1)