Date: December 4, 2016
Media: The Financial Express
What happened?
ATM hacking attacks have affected many countries in the recent past. Using a malware, some hackers groups have cracked the security systems, forcing the machines to dispense huge amounts of cash.
Whom and where it affects?
These attacks have damaged a bunch of countries around the whole world, affecting any ATM user.
What sort of public or private institutions are involved?
This happening involved a lot of institutions, since public governments to private security companies.
Why is it important for Banking and Finance?
Because it`s a drastic weakness of the financial system which creates a feeling of fear, vulnerability and unknown future.
What do you think will be the consequences in the foreseeable future?
ATM will improve their security systems or will be replaced soon by the mobile payments.
Key words: Hack, weakness, ATM, government, security
Nowadays, most people at least once have paid by debit or credit card, because it is a quick and easy method but nevertheless the majority prefers payment through cash, thus is important to create measures of security with respect to the cashiers since they are very necessary for people who want to obtain fast money and prevent hackers from easily accessing them.
ReplyDeleteAna Elizabeth Pérez Glez