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Wincor Nixdorf to Support Australian Financial Institutions Fight Crime

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2010-09-14 08:00
Europe’s leading ATM solution provider complies with global security standards

SYDNEY, Sept. 14 /PRNewswire-Asia/ — Wincor Nixdorf (Frankfurt: WIN), one of the world’s leading providers of IT solutions to retail banks and retailers, supplies ATMs and self-service devices that comply with stringent card security measures to prevent criminal attacks.

The Germany-based company has delivered EMV compliant systems for more than a decade to fight fraud at the ATM and other terminals, and is committed to providing Australian financial institutions with appropriate technology to minimize security risks. Wincor Nixdorf’s systems belong to some of the largest ATM networks in the world.

EMV is a global standard for credit and debit payment cards based on chip card technology initiated by the then Europay, MasterCard, and Visa in 1995.

Wincor Nixdorf has invested aggressively in R&D to launch new technologies to provide data and software security, cash security, monitoring, and identity and access control, going beyond EMV compliancy.

As part of Wincor Nixdorf’s commitment to security standards, the company’s software family, known as the ProClassic/Enterprise Retail Banking Solution Suite (PC/E Suite), meets the Payment Card Industry Payment Application — Data Security Standard (PCI-DSS). The standard is endorsed by American Express, MasterCard Worldwide, Visa Inc, JCB International, and Discover Financial Services.

Part of the PC/E Suite is PC/E Terminal Security, which protects self-service terminals within a multivendor environment against network attacks, such as viruses, trojans or spyware, as well as unauthorized internal access such as software manipulation. When the PC/E Terminal Security software identifies something as “forbidden”, it works proactively to defend against the existing or new types of attack.

Likewise, to counter foreign physical skimming devices that are attached to self-service systems, Wincor Nixdorf has introduced a new anti-skimming module. “To fight high-tech thieves, banks need reliable anti-skimming technology to detect suspicious devices when attached to the ATM card entry slot,” said Sydney-based Jon Marks, Solutions Director at Wincor Nixdorf Australia.

“Wincor Nixdorf’s new Anti-Skimming II Module identifies suspicious devices by triggering a silent alarm which can be used to initiate instant video monitoring and recording to deter thieves,” added Marks. Also, the module protects in two ways with automatic and continuous detection and interference functions, as it proactively interferes with the radio frequency of the skimming device, setting up a protected field around the card slot.

Another new technology is Wincor Nixdorf’s Optical Security Guard (OSG) — a monitoring solution for the company’s latest CINEO self-service systems and the ATMs of the ProCash 8000 series — which protects ATMs against manipulation, such as cash-trapping devices or bogus electronic PIN pads.

Intelligent recognition processes mean that criminal alterations to the device, such as keypad overlays, skimming devices, hidden or disguised cameras, or other changes, such as those that enable cash trapping are identified immediately with the OSG solution.

These capabilities, in combination with Wincor Nixdorf’s ProView monitoring solution, allow earlier identification of attempted device manipulation and enable a device to be remotely taken out of service and closely monitored, significantly improving the security of the ATM fleet.

“In order to maintain and, in some cases, restore customer confidence financial institutions need to adopt a combination of innovative solutions that adhere to stringent security standards from committed partners,” said Ricardos Khoury, Asia Pacific Vice President and Head of Banking.

In Australia and New Zealand, Wincor Nixdorf works with the Armaguard Group to provide customers with a large network of certified technicians as well as comprehensive security intelligence associated with ATMs.

About Wincor Nixdorf:

Wincor Nixdorf is one of the world’s leading providers of innovative IT solutions to retail banks and retailers. The company is headquartered in Paderborn, Germany, and is publicly traded on the Frankfurt Securities & Stock Exchange. It has a global presence in more than 100 countries. For more information visit http://www.wincor-nixdorf.com

Contact:

Wincor Nixdorf
Corporate Communications
Asia Pacific
Matthew Kovac
Tel: +65-6747-3828

SOURCE Wincor Nixdorf

Written by asiafreshnews

September 15, 2010 at 12:07 pm

Posted in Uncategorized

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