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Use of Windows XP makes European ATMs vulnerable to malware attacks

Loek Essers | April 10, 2015
Despite ATM vendors like Wincor-Nixdorf warning that the operating system exposes ATM operators to significantly higher security and legal risks, migrations to new systems are going slowly.

In 2014, a total of 15,702 ATM-related fraud attacks were reported in Europe. The fall in the total number of attacks was driven by a 95 percent reduction in transaction reversal fraud, a technique that involves creating an error condition at the ATM, making it appear that cash will not be dispensed and forcing a repayment of the amount withdrawn back to the account.

There was also a 31 percent decline of cash trapping attacks, in which the criminal attaches a device to the ATM that traps any cash the machine tries to dispense, allowing the criminal to return to the ATM later to retrieve the cash.

 

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