Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Technology

NEW KASPERSKY EMBEDDED SYSTEMS SECURITY FOR ATMS AND POS TERMINALS CLOSES MAJOR SECURITY AND COMPLIANCE GAPS

NEW KASPERSKY EMBEDDED SYSTEMS SECURITY FOR ATMS AND POS TERMINALS CLOSES MAJOR SECURITY AND COMPLIANCE GAPS

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. To help these organisations, Kaspersky Lab has released a new generation of its Kaspersky Embedded Systems Security. This targeted enterprise-grade solution provides advanced protection for a variety of embedded systems involved in highly sensitive financial operations, while at the same time allowing these businesses to address pressing regulatory requirements.

Cybercriminals today are successfully adopting tactics and techniques of the APT groups involved in bank robberies, giving financial organisations increasing security problems. 2016 saw a rapid development in hi-tech attacks on financial organisations – such as the Metel, GCMAN and Carbanak 2.0 attacks.  In 2017 Kaspersky Lab experts ran into even 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, specialised malware, lateral movement tools and long-term persistence to steal money from financial institutions.

In response to the rise in these cyberthreats, world-leading financial organisations 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.

Multiple cutting-edge innovations within 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. The new version also enables Log Inspection for analysing activity within a protected system, identifying breaches or abnormal behavior and saving logs for further analysis. With added SIEM integration, the solution can now also export application logs to the corporate Security Operation Center. All these technologies provide security teams and external auditors with the tools they need to ensure that the infrastructure is compliant and secure.

Even while traditional and widely-used malware can make the low-end hardware and obsolete operating systems often found in embedded systems, an easy target, there are also more sophisticated threats – such as fileless malware that operates in memory. To address these threats, Kaspersky Embedded Systems Security ensures security at both file and memory level with real-time anti-malware protection, on-demand scan and Proccess Memory protection.

Additional security features include USB/CD/DVD access control and centralised firewall management along with Default Deny mode that blocks attempts to run any unauthorised executable code or drivers on ATMs and POS terminals.

“Enterprise-grade organisations, 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’re 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.

To learn more about Kaspersky Embedded Systems Security, visit our corporate website. The solution is available globally as a part of Kaspersky Lab’s enterprise portfolio.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post