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

IT specialists are deepening their knowledge in the Silicon Valley

From May 24 through June 3, specialists of a group of companies “Penki kontinentai” that has been operating in information, telecommunications and banking technology markets are visiting the cradle of information technology in the USA, i.e. Silicon Valley. more »

Representatives of “Penki kontinentai” visited an Exhibition for Telecommunications and Information “Sviaz Expocomm 2014”

In mid-May, representatives of a group of companies “Penki kontinentai” visited an International Exhibition for Telecommunications, Control Systems, IT and Communication Services “Sviaz Expocomm 2014” that took place in Moscow. more »

Revenue and profit of a group of companies “Penki kontinentai” was growing for the first quarter of 2014

Over the first quarter of 2014, consolidated earnings of the group of companies “Penki kontinentai” grew by 58.59 percent, compared to the same period of 2013, and reached 40.6 million litas. more »

“Sviaz Expocomm 2014” Exhibition for Telecommunications and Information invites visitors to Moscow

On May 13–16, this year, Moscow shall host “Sviaz Expocomm 2014” International Exhibition for Telecommunications, Control Systems, IT and Communication Services. more »

A group of companies “Penki kontinentai” was profitable in 2013

In 2013, sales revenue of the group of companies “Penki kontinentai” amounted to 126.682 million litas, i.e. 3.868 million litas more than in 2012. more »

Minsk hosted a technology forum “TIBO 2014”

At the end of April, Minsk hosted a specialized Forum on Telecommunications, Information and Banking Technologies “TIBO 2014”, one of the participants of which was a group of companies “Penki kontinentai”. At the event, experts of the group presented IT solutions designed for business, discussed with partners opportunities for further cooperation and established new business contacts. more »

Smart solutions of “Penkių kontinentų komunikacijų centras”: for both apartment buildings and private houses

One of the participants of an exhibition of construction and repairs “RESTA 2014” that took place in the Lithuanian Exhibition and Convention Centre “LITEXPO”, a company “Penkių kontinentų komunikacijų centras” introduced to the visitors smart house solutions that find their place in both private houses and apartment buildings. more »

I. Dadasovas: “Today, the term digital universe is becoming more and more perceptible”

Information Technology (IT) is probably the fastest developing area, which dramatically alters both business and the society, while creating new challenges. more »

At an exhibition “RESTA 2014”, company “Penkių kontinentų komunikacijų centras” shall introduce its house solutions

From idea to solutions! This is the slogan of the 21st international exhibition of construction and repairs “RESTA 2014”, commencing on April 24. At the exhibition, which will take place in the Lithuanian Exhibition and Convention Centre “Litexpo” up until April 27, UAB “Penkių kontinentų komunikacijų centras” will be among more than 500 participants. more »

At an exhibition “TIBO 2014”, a group of companies “Penki kontinentai” shall introduce its business optimization solutions

On April 22–25, this year, Minsk shall host the 21st International Forum on Specialized Telecommunications, Information and Banking Technologies “TIBO 2014”. The group of companies “Penki kontinentai” has been a participant of this event for more than a decade. At the event, specialists of the group will introduce a smart decision-making platform that ensures optimization of business processes. more »