ATMIA publishes paper to mitigate risk on ATM jackpotting
SIOUX FALLS, SD (March 1, 2018) — ATMIA today published a paper for its members on defending against ATM jackpotting.
“These kinds of attacks, however sophisticated, are not insurmountable problems for our industry,” commented Mike Lee, CEO of ATMIA. “Our members can reduce the risk of jackpotting dramatically by implementing best practices recommended in our new paper.”
The new publication, Defending against Jackpotting, which was compiled by the world’s leading ATM security consultant, Douglas Russell, with inputs from law enforcement agencies and members, also recommends forming close ties with law enforcement agencies to share information and best practices. The manual describes a variety of attacks which can lead to jackpotting and then recommends the risk mitigation measures required to stifle and block the criminals.
“As threats evolve with changing technology,” Lee stated, “so our industry needs to invest in security solutions and security resources. In the end, an investment in security is an premium paid towards preserving customer trust in the channel for years to come.”
About ATMIA
ATMIA is the leading non-profit trade association representing the entire global ATM industry. ATMIA serves more than 10,000 members from over 650 participating companies in 70 countries spanning the whole ATM ecosphere, including financial institutions, independent ATM deployers, equipment manufacturers, processors and a plethora of ATM service and value-added solution providers. ATMIA provides education, advocacy and connections to help its members keep abreast of industry news and developments; increase knowledge and professionalism; improve operational efficiencies; understand and influence regulatory processes; participate in the local, regional and global ATM community; and forge new relationships to advance their businesses. Founded in 1997, ATMIA has active chapters in the United States, Canada, Europe, Latin America, Asia-Pacific, Asia, Africa, India and the Middle East focusing on the unique needs and issues of each region. For more information, please visit atmia.com. Follow us on LinkedIn, Twitter, Facebook or YouTube.
