Data breaches and card compromises are gaining momentum in frequency and scope. According to the Identity Theft Resource Center, an estimated 33.6 million records were exposed in some 570 data breaches in 2008. Other organizations, such as the Privacy Rights Clearinghouse, put that number closer to more than 245 million compromised since January 2005. And many experts agree that the number of breached records is much higher, since many organizations are not compelled by law to divulge information about data breaches. In many cases, organizations are not even aware of data breaches they may have been exposed to.
Recently, the financial industry has been tasked with focusing on how to clean up its data and card-management systems after a breach. Meanwhile, criminal organizations are spending their time watching and exploiting additional weaknesses that range from compromising PCI-compliant merchants to accessing authorization systems to increase the value of a payment card.
In this white paper from Fair Isaac, best practices for ATM processing and computer security for financial institutions and ATM service providers are explored and discussed, giving the ATM industry an overview of how it can secure its processing infrastructure to fight against the latest internal and cyberattacks.

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