Not very long ago, financial institutions (FIs) completed their final ATM upgrades to Windows 7 with a sigh of relief. Now just a few short years later, FIs are facing another costly and time-consuming upgrade to Windows 10 by January 14, 2020 or face the same security risks they did with the Window 7 migration – no updates, no patches, no technical support, PCI non-compliance, increased operating costs, possible performance issues and more.
With a growing threat of malware and cyberattacks, no FI can afford to do without the necessary security updates which are vital to secure ATM operations.
January 14, 2020 is a big day for the financial industry. It is on this day that support will end for Windows 7 at the ATM. Only a few short years ago, the same death knell was intoned for Windows XP with the same risks – no security updates, no patches, no technical support, PCI non-compliance, increased operating costs, possible performance issues, etc. In this white paper, you’ll learn why ATMs are migrating to Windows 10, the lessons learned when ATMs migrated to Windows 7 and tips on how you can be prepared… and save money.
Discover how your bank or credit union can help the environment and help lower ATM costs with refurbished ATM hardware in this FREE white paper from MVP!
MVP is committed to guiding our customers through the Windows 10 migration process in as pain free a manner as possible. That’s why we’ve done the research… and compiled a list of “10 Things You Need to Know about Windows 10 Migration.”
Recent ATM jackpotting attacks, otherwise known as logical attacks, are a crippling threat to financial institutions and independent ATM deployers. Financial institutions and independent deployers can avoid becoming a victim of ATM jackpotting by exploring and instituting the protective measures outlined in this blog.
While still relatively new to the ATM world – and especially the US – ATM Jackpotting
has been making headlines for its savage, ruthless and unprecedented effectiveness
at emptying the cash vaults of ATMs. In this white paper, you'll learn how ATM Jackpotting works and tips to secure your terminals.
As threats to ATMs evolve so too do security measures. To keep ATM terminals secure, financial institutions and independent ATM deployers should explore the following easy to implement security options.
With never ending mandates, how can financial institutions offset the costs of upgrading their out of date ATMs or expanding their ATM fleet while reducing their environmental footprint? The solution: purchasing refurbished and refreshed ATMs. Financial institutions, that purchase refurbished ATMs can expect high-quality, compliant terminals for a fraction of the cost of purchasing a new one.
MVP Financial Equipment Corp has opened a larger production and distribution center in Sumter, SC. The new facility more than doubles the square footage of MVP’s ATM and parts storage and production capacity in the southeast.
While many would argue that the main problems with EMV implementation in the United States revolve around the complicated structure of the U.S. financial system. The plethora of processors, banks, credit unions and equipment providers makes the landscape far more difficult to navigate – especially when attempting to implement something as in-depth as encrypted card processing. However, a good portion of the blame can be attributed to the actual EMV Liability Shift.