Another Word For It Patrick Durusau on Topic Maps and Semantic Diversity

April 3, 2017

Encouraging ATM Security Upgrades

Filed under: Cybersecurity,Security — Patrick Durusau @ 3:32 pm

The cost of potential future losses from ATMs is baked into every bank fee. Good planning for banks because 95% of ATMs are still running Windows XP. The losses are coming, just not there, yet.

Mail this image to your local bank, ditto for members of board of directors:

I can’t promise your bank will upgrade its ATM software but pass any reduction in anticipated future costs along to you.

However, the staff and directors are likely to give their Errors and Omission (E&O) policies a close review. 😉

Come to think of it, you should pass this along to any insurance agents selling E&O coverage. Great technique to drive their business and perhaps result in better security for banking customers.

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