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ATMIA publishes latest edition of international best practices for ATM operating software

October 18, 2011

The ATM Industry Association today announced the publication of the latest edition of its international best practices for ATM operating software. The objective of the manual is to enable members to establish a comprehensive software security policy to deal with the emerging threats of ATM cyber attacks, according to a press release.

"ATMIA conducted a global online ATM fraud survey last month, which attracted responses from security and ATM managers in 37 countries, and cyber attacks were rated the third top threat facing the ATM industry," said Mike Lee, CEO of ATMIA. "This reinforces the need for this updated software security guidebook."

The scope of the manual covers governance of all ATM software up to the point at which the ATM plugs into the communication link to the host system. The second edition includes updates as well as new material on preventing insider fraud, security for emerging technologies and an essay on the ten immutable laws of ATM security.

"Card data that can be stolen from ATMs through software-based attacks is becoming more valuable than the cash held in the ATM itself," the manual's technical editor, Peter Kulik, writes in the foreword. "Further, software-based attacks are a 'silent crime' — difficult to detect and far less dramatic than other forms of ATM crime — and so we expect the extent of this crime is likely underestimated by our industry today."

For more information, visit www.atmia.com.

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ATM Industry Association (ATMIA)

The ATM Industry Association, founded in 1997, is a global non-profit trade association with over 10,500 members in 65 countries. The membership base covers the full range of this worldwide industry comprising over 2.2 million installed ATMs.

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