Kaspersky Brings Security Solutions for ATMs, POS Terminals

by CXOtoday News Desk    Jun 09, 2017

kaspersky

With the tactics of cybercriminals getting ever more sophisticated, and with regulatory pressures also mounting, financial enterprises are up against increasing hurdles when it comes to future-proofing their ATMs, Point of Sale systems and Point of Service machines.

Cybercriminals today are successfully adopting tactics and techniques of the APT groups involved in bank robberies, giving financial organizations increasing security problems. 2016 saw a rapid development in hi-tech attacks on financial organizations – such as the Metel, GCMAN and Carbanak 2.0 attacks.  

Security company Kaspersky Lab said that in 2017, its experts ran into more examples. These included mysterious attacks where criminals used fileless in-memory malware to infect banking networks, as well as ATMitch, the traceless malware that cashed out ATMs via remote administration. All these APT-style attacks combined reconnaissance, social engineering, specialized malware, lateral movement tools and long-term persistence to steal money from financial institutions.

In response to the rise in these cyberthreats, financial organizations like SWIFT are introducing new mandatory regulations to protect themselves from cybercriminals. These establish security standards and guidelines for the financial sector, including the need for anti-malware protection, vulnerability assessment, security awareness. To support requirements and to boost the protection of financial companies, Kaspersky Lab is providing its enterprise-level customers with efficient security that meets major global compliance standards and gives them the visibility they need.

The Kaspersky Embedded Systems Security solution make the infrastructure more transparent, so if an incident or breach occurs, it can be audited or investigated easily.  With the new File Integrity Monitor functionality, security specialists can track actions performed with specified files and folders and make sure no alteration of files goes unnoticed, said the company.

“Enterprise-grade organizations, especially in the financial industry, will be under increasing regulatory pressure in the next year, considering the recent rise in incidents with critical embedded systems, like ATMs and POS terminals. Currently, they need to implement several protection tools to meet requirements. To help, we are offering a dedicated single solution with complete functionality, including File Integrity Monitor and Log Inspector, to address the many protection and compliance concerns of our customers at once,”said Dmitry Zveginets, Solution Business Lead, Kaspersky Lab.