Vynamic Security solution now protects Victoriabank ATMs

Published: 17 December 2020 y., Thursday

Self-service banking infrastructure security is becoming a top priority for most financial institutions. DAAC Systems Integrator, with the support of BS/2 and Diebold Nixdorf, has implemented a project to protect the ATM fleet of the Moldovan bank Victoriabank from logical attacks. The project was implemented using the Intrusion Protection module tools, which is part of the Vynamic Security software package.

Victoriabank is the third largest commercial bank in Moldova in terms of assets. It provides all types of financial services to individuals and legal entities, has about 100 branches, and serves more than 270 thousand clients. Over the past two years, Victoriabank made significantly higher investments vis-à-vis previous years to develop its infrastructure and terminal network.

The main reason for implementing the Vynamic Security solution was the increased risks associated with the growth in the number of logical attacks in European countries.

Victoriabank expert team has developed a plan for the implementation of the Vynamic Security Intrusion Protection solution. Thanks to this software, they can increase self-service devices' security and protect them from attacks by criminals.

To date, the bank has installed the software component on more than 200 devices, and the effort continues.

Implementation partners

"The use of the Vynamic Security solution to protect existing operating systems before the complete decommissioning of ATMs turned out to be more economically justified. A one-step transfer of an extensive network of terminals to a new operating system would be more expensive," says Alexander Savinov, Director of Sales Department of DAAC System Integrator.

This project's implementation became possible thanks to the partnership between BS/2 and DAAC System Integrator, one of the largest IT companies in Moldova. DAAC System Integrator carried out all the integration work and will provide technical support for the Intrusion Protection.

"We highly appreciate the experience and competence of our partner DAAC System Integrator, who was able to help protect the Victoriabank self-service devices fleet in a reasonably short time," says Nikolay Zaleshchuk, regional manager of BS/2. "We are always ready to support such an initiative on our part since the threat of logical attacks on ATMs, unfortunately, is very high. This is evidenced by truly frightening statistics on incidents in Western and Eastern Europe."

About Vynamic Security Solution

The Intrusion Protection module protects the terminal network from the intrusion of all types of malicious programs into the ATM computer, allowing only authorized and verified processes that meet the established set of rules to run on devices. Intrusion Protection can work autonomously and as a component of the Vynamic Security software platform, providing comprehensive protection of self-service machines from hacking at the software and hardware levels.

The Vynamic Security solution package also includes Hard Disk Encryption modules for encrypting data stored on a self-service device and Access Protection for differentiating access to various applications in the ATM software and hardware environment.

The synergy of all three modules of the system makes it possible to protect the ATM from the absolute majority of threats that are not related to self-service devices' physical impact.

Šaltinis: Penki kontinentai
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Video surveillance for parcel lockers: a new application of ATMeye.iQ

Delivery of e-commerce goods through parcel lockers (also called parcel terminals, parcel machine, automated postal stations) is gaining popularity every year. According to a report conducted by one of the largest American delivery services Pitney Bowes, from 2014 to 2018, the number of parcels worldwide increased by 104% from 43 billion to 87 billion shipments per year, and will exceed 200 billion by 2025. more »

3 new security-enhancing features of Cash Management.iQ

The purpose of the latest updates of Cash Management.iQ software platform is to increase the security level, as well as meeting the increasing requirements of international security standards which are implemented in modern banks, CIT services, and retailers. more »

NFC as a standard in the payment industry

It is impossible to imagine our life these days without contactless authorization. We use it when shopping, paying for public transport or entering buildings with access control. more »

Penki Kontinentai Group After Quarantine: Changed Communication Format and Rapid Introduction of Technologies

Banking and ITT technology Group Penki Kontinentai steps out of quarantine with an even stronger position in the market and retaining employee salaries. more »

Penki Kontinentai Group's New Corporate Communication Head A. Zubriakovas

From today, Aleksandras Zubriakovas is the Head of Corporate Communication at Penki Kontinentai Group. more »

Self-service of the banks of the future.Overview of new DN Series ATMs

A year ago, one of the leading manufacturers of banking hardware and a developer of banking software solutions, Diebold Nixdorf announced the launch of a new line of DN Series ATMs. more »

Equity Bank Kenya Limited will provide ATM security with ATMeye.iQ

Equity Bank Kenya Limited has acquired 280 ATMeye.iQ software licenses to protect their ATM network. This solution was developed by BS/2 to provide ATM security, resolve disputes, and prevent fraud. The solution was implemented smoothly through collaboration with local partner Technology Associates Kenya. more »

ASHBURN International Integrated Uzcard and Mir Payment Systems

ASHBURN International, a developer and supplier of flexible innovative solutions for acquiring organizations, carried out the integration of Uzcard and Mir payment systems. From now on, residents can pay with cards of the Russian payment system in Uzbekistan. more »

Penki Kontinetai Financial Results for the First Quarter Of 2020

Penki Kontinetai Group's revenue for the first quarter of 2020 amounted to 10.2 million euros. Financial indicators are consistent with the results of the same period last year. more »

Cash Management.iQ and S&G’s A-Series ATM Locks. Manage CIT access to ATMs and other terminal devices

Automating the process of assigning tasks and providing relevant access to CIT personnel is one of the most useful ways in increasing the overall efficiency of the cash flow process. BS/2 was able to implement these features into it’s Cash Management.iQ system while finalizing the main phase of the integration process of the Cash Management.iQ platform with the A-Series access control solution from Sargent&Greenleaf. more »