ATM producers have had enough of the growing sophistication of global ATM crime. To which a new association is being formed to compile information on recognized and potential attack scenarios on ATMs and share that information with specific industry groups to rapidly develop and implement counter-measures at a global level.
Diebold and Wincor Nixdorf are leading the charge and looking to institutional operators – primarily banks and IT service providers – global ATM manufacturers and their suppliers to join the new association.
In setting up the association, Diebold and Wincor Nixdorf are looking to create a platform that not only shares information, but promotes interactive discussion among ATM industry stakeholders for the security of the ultimate consumer. Other global ATM manufacturers are especially invited to join the group, as this will help increase the scope and effectiveness of its work and quicker deployment of countermeasures.
The new association also intends to establish industry-wide norms in the form of agreed technical standards for secure ATMs and ATM components. The association will be implemented under Dutch law and will offer its members a protected and secure register of detailed information on recognized attack scenarios and potential threats, along with industry recommendations on how members can prevent and deal with any such attacks.
The aim of the association is for banks and other users to be able to draw on a uniform set of readily available and thoroughly reviewed solutions if they so choose. Accordingly, membership of the association will primarily be of interest to banks whose networks include ATMs from different manufacturers, as this will make the task of coordinating the introduction of new security solutions much easier.
Organizations interested in participation or seeking more information regarding the ATM security industry association may contact [email protected]
RESOURCES:
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