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Indian Banks may switch to Linux, rather than taking extended Windows XP Support

Indian Banks may switch to Linux, rather than taking extended Windows XP Support

Mar 22, 2014
As we have reported you earlier that Microsoft is pulling out their Windows XP support after April 8 2014. Since a vast majority of bank ATMs around the world currently runs on Windows XP, but if they'll continue sticking to it after the deadline, then they'll be exposed to all kinds of security threats, as Microsoft will no longer provide the security patches thereafter. Many countries' Banks have got a way out, many banks have arranged or are in the process of arranging extended support for Windows XP for which they are ready to pay Microsoft millions of dollars, but may be not in the case of India. Yes, India will never feed Microsoft for providing extra support to the older version; rather they could switch over to the Linux operating system. India has around 115,000 ATMs across the country at present and the counts will go up in coming days, but the end of life for XP will not affect banks and functioning of ATMs as the financial institutions across the country are we
Banks to Pay Microsoft Millions of Dollars for extended Windows XP Support

Banks to Pay Microsoft Millions of Dollars for extended Windows XP Support

Mar 18, 2014
Despite so many warnings from Microsoft and Cyber Security Experts, Windows XP is still being used by a number of Government organizations, Financial institutions as well as big Corporations all around the world. If we look at the statistics then almost 30% of computers you will find that still run Windows XP , including banks, airline companies, and other huge enterprises, the count in real is likely to be even higher than the estimated. But If you stick with Windows XP after April 8 2014 , you might be at a great risk as XP will take its last breath officially on that day and will die! This fact poses danger to its users as they will be exposed to all kinds of threats. Almost thirteen years after it was 'first released' i.e. April 8 when the Redmond, Washington-headquartered Corporation will stop support for its longest running and most successful OS, Windows XP. Continue using Windows XP after April 8, it will serve you as a Dead Zombie, because Microsoft w
Pentera's 2024 Report Reveals Hundreds of Security Events per Week

Pentera's 2024 Report Reveals Hundreds of Security Events per Week

Apr 22, 2024Red Team / Pentesting
Over the past two years, a shocking  51% of organizations surveyed in a leading industry report have been compromised by a cyberattack.  Yes, over half.  And this, in a world where enterprises deploy  an average of 53 different security solutions  to safeguard their digital domain.  Alarming? Absolutely. A recent survey of CISOs and CIOs, commissioned by Pentera and conducted by Global Surveyz Research, offers a quantifiable glimpse into this evolving battlefield, revealing a stark contrast between the growing risks and the tightening budget constraints under which cybersecurity professionals operate. With this report, Pentera has once again taken a magnifying glass to the state of pentesting to release its annual report about today's pentesting practices. Engaging with 450 security executives from North America, LATAM, APAC, and EMEA—all in VP or C-level positions at organizations with over 1,000 employees—the report paints a current picture of modern security validation prac
Bluetooth enabled Credit Card Skimmers planted at Gas Station lead to $2 Million heist

Bluetooth enabled Credit Card Skimmers planted at Gas Station lead to $2 Million heist

Jan 22, 2014
Cyber Criminals will not let any way out without making Money. Another huge Credit Card theft and this time they targeted Gas Stations. 13 men were suspected and charged for stealing banking information, using Bluetooth enabled Credit Card Skimmers planted on the gas stations throughout the Southern United States. They made more than $2 Million by downloading the ATM information, as well as PIN numbers from the gas pumps and then used the data to draw cash from the ATMs in Manhattan. Manhattan District Attorney Cyrus R. Vance explained the operation that the skimming devices were internally installed so was undetectable to the people who paid at the pumps and the devices were Bluetooth enabled, so it did not need any physical access in order to obtain the stolen personal identifying information. " By using skimming devices planted inside gas station pumps, these defendants are accused of fueling the fastest growing crime in the country. Cybercriminals and ident
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This guide captures the definitive criteria for choosing the right SaaS Security Posture Management (SSPM) vendor.
Hackers stole money from European ATMs using Malware-loaded USB Device

Hackers stole money from European ATMs using Malware-loaded USB Device

Jan 02, 2014
Hacking ATM Machines is nothing new, but it seems that instead of relying on ATM skimmers now some smart hackers in Europe are reportedly targeting ATM Machines using Malware -loaded USB drives to steal money. Most of the world's ATMs are running on Windows XP operating system, which is highly vulnerable to Malware attacks. Just like your Desktop Laptops, some ATMs also have USB sockets, which is hidden behind the ATM's fascia. The German security researchers who discovered the hack detailed their findings at the Chaos Computing Congress in Hamburg, Germany recently. They said that the thieves cut holes in the fascia to access a USB port and then uploaded malware to the machines. The malware creates a backdoor that can be accessed on the front panel. " These researchers explained that the malware allowed the thieves to create a unique interface on the ATMs by typing in a 12-digit code. This interface allowed for withdrawal and also showed the criminals the amount of money and e
40 Million Credit Card accounts affected in massive data breach at 'Target' Stores during Black Friday

40 Million Credit Card accounts affected in massive data breach at 'Target' Stores during Black Friday

Dec 19, 2013
If you have shopped something during the Black Friday weekend from Target's U.S based Retailer stores, then please pay serious attention - Your Credit and Debit card account may have been at Risk. There are more than 1,500 Target stores throughout the U.S and 40 Million credit and debit card accounts of Target's customers may have been stolen during the height of the holiday shopping season, according to a statement  published by the company. Somehow thieves allegedly gained access to personal data in stores when customers swiped their cards at the register. That information is then typically sold to buyers who then make bogus debit or credit cards with it. So the customers who made purchases by swiping their cards at terminals in its U.S. Stores between November 27 and December 15 may have been exposed.  Krebs who broke the story reports that the breach does not impact shoppers who purchased items online. Target has not disclosed exactly how the data breach occurr
Hacker jailed for ATM skimming invented ATM security scheme

Hacker jailed for ATM skimming invented ATM security scheme

May 19, 2013
A Romanian man serving a five-year jail sentence in Romania for his involvement in an ATM skimming scheme, has developed a device designed to protect ATMs from such attacks. 33-year-old Valentin Boanta who is being detained in a prison from Vaslui, Romania, after he was convicted on charges of bank card fraud in 2009, developed what he calls the SRS (Secure Revolving System) which changes the way ATM machines read bank cards to prevent the operation of skimming devices that criminals hide inside ATMs. " When I got caught I became happy. This liberation opened the way to working for the good side ," Boanta said. " Crime was like a drug for me. After I was caught, I was happy I escaped from this adrenaline addiction ," Boanta said. Boanta began working on SRS during his trial. SRS, Boanta says, can be installed into any ATM. ATM skimmers work by installing a second, concealed card reader over the one that's built into the ATM. When an unsuspecting bank customer
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