- December 8, 2011
- Topics: Fraud and Risk Management
- Audience: Financial Institutions,
Large Merchants,
Small Merchants
From a security perspective, ATMs have some characteristics that are unique to Information Technology systems – the presence of cash being the foremost. But ATMs also have much in common with other IT systems when it comes to strategies and tactics in protecting against fraud.
No software patch by itself will ever protect ATMs from the issues described below – security is a function of People and Processes, in addition to technology. As Microsoft stated in 2000, sound judgment is the key to protecting yourself against these issues, and ATM deployers who keep in mind these “Immutable Laws” and the best practices described in the ATMIA Best Practices guide will significantly improve the security of their ATM systems.
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