Wincor Nixdorf To Support Australian Financial Institutions Fight Crime

< BACK TO FINANCE starstarstarstarstar   Business - Finance Press Release
14th September 2010, 12:17pm - Views: 1905






Business Finance Wincor Nixdorf 2 image





MEDIA RELEASE PR41122


Wincor Nixdorf to Support Australian Financial Institutions Fight Crime


SYDNEY, Sept. 14 /PRNewswire-Asia-AsiaNet/ --


Europe's leading ATM solution provider complies with global security standards


    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.  

Business Finance Wincor Nixdorf 3 image


    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


nixdorf.com


    Contact:


     Wincor Nixdorf

     Corporate Communications

     Asia Pacific

     Matthew Kovac

     Tel: +65-6747-3828


    SOURCE:  Wincor Nixdorf





To view this and other AsiaNet releases please visit http://www.asianetnews.net






news articles logo NEWS ARTICLES
Contact News Articles |Remove this article