#1649963: Learn the 7 shields of ATM security - A webinar on ATM Marketplace discussed the seven shields of ATM security.

Description: ATM security is a moving target that is difficult for banks and law enforcement alike to keep up with. International crime rings are constantly finding innovative ways to steal from ATMs with physical, software and other attacks. The solution is to craft a more comprehensive ATM security strategy. A webinar entitled "A Masterclass in ATM Security: Global Best Practices and Trends" hosted on ATM Marketplace and sponsored by Diebold Nixdorf delivered the multifaceted approach through the seven shields of ATM security.

Bradley Cooper, editor of ATM Marketplace, moderated the discussion with panelists Humberto Gonzales Arias, director of CPSS rapid response team, Diebold Nixdorf, Ryan Kelley, manager fraud prevention at Diebold Nixdorf and Terrence Devereux, director product manager for software operation portfolio, Diebold Nixdorf.

During the webinar, the panelists took a global look at the types of attack patterns that are dominating different geographical regions, depending on specific vulnerabilities. These methods include:

Skimming.
Shimming.
Data relay.
Explosives
Cash trapping
Denial of Service.
Data breach.
Ransomware
Host spoofing.
To reply to all of these threats and others, the panelists proposed seven overall shields to secure a bank's self-service channel. These include:

Collaboration.
Data security.
Cyber security.
Monitoring.
Compliance, processes.
Assessments.
Physical security measures.
The panel also discussed some trends that will impact the future of ATM security ranging from new compliance requirements to smarter ransomware to AI and more.

More info: https://www.atmmarketplace.com/articles/learn-the-7-shields-of-atm-security/?utm_source=AMC&utm_medium=email&utm_campaign=EMNA&utm_content=2024-10-29

Date added Oct. 30, 2024, 7:08 p.m.
Source Atm Market Place
Subjects
  • ATM/Card Skimming and Web Skimming Methods
  • ATM / POS Security Alerts
  • Banking News / Finance News
  • Law / Legal / Corporate Counsel- various
  • PodCasts / Webcast / Webinar / eSummit / Virtual Event etc.
  • Ransomware - Cyber Extortion - New Reports in