banks pay Microsoft big for securing Windows XP ATMs

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banks pay Microsoft big for securing Windows XP ATMs,Well played, major banks! You’ve ignored Microsoft’s warnings and now you’re going to have to pay them a ton of cash to supportWindows XP on your ATMs after official support runs out on April 8th.

According to NCR, one of the few companies that actually makes ATMs, roughly two-thirds of the roughly 2.2 million bank machines in the world are still running Windows XP. One big reason banks haven’t bothered to updated them is the cost. It’s estimated that an OS upgrade would run a major bank around $100 million, or roughly what they generate in profit in about a week.

Yeah, that’s hard to justify. Especially when the machines are running fine and there’s no proof that ATMs are really at risk of being attacked anyway. Well, not unless you count those criminals running around with trojan-equipped USB flash drive that have been forcing ATMs to empty themselves all over the sidewalk.

Everyone has known for years that the end of XP support was coming. They announced the drop-dead date all the way back in 2008. They’ve also been very publicly running the XP doomsday clock since 2011. All that time and countless repeated urgings, apparently, still didn’t convince most banks that it was worth upgrading.

The banks aren’t afraid, however. Doug Johnson, VP for Risk Management Policy with the American Bankers Association says “XP is battle-hardened.” He continued, noting that “People will benefit from years of fine-tuning of XP… It has been through wars.”

Seems reasonable enough. It’s not as though dozens of cybersecurity experts have been saying things like “it’s not going to be safe to use XP even on machines that aren’t connected to the Internet” or that popping on a new anti-malware software (which none of the ATMs I ever serviced had installed on them) will provide adequate protection. banks pay Microsoft big for securing Windows XP ATMs

Fortunately for the banks, Microsoft is generous enough to take piles of cash in exchange for delivering custom software patches… so everyone wins! Banks never pass costs like those on to their patrons… right?

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joshua.O.

joshua.O.

My name is Joshua Ibenegbu O. i am a young online entrepreneur,Promoter and a blogger who love sharing information regarding online technology.internet has paved ways for me to share my ideas with other people around the world.you can always visit my website to learn more tips on internet and computer technology . You want to work with me.Follow us on facebook9ijaextra And Google + Gentleprince

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