Tech innovations such as real-time verification and biometrics may help mitigate some risks, but ATM security would require users' partnership and vigilance too, stress observers.
The security regime for automated teller machines (ATMs) should be constantly monitored and reviewed but, more importantly, there should be a holistic strategy that encompasses people and processes, observers urged.
Last Friday, Singapore's DBS Bank was hit with 400 cases of unauthorized withdrawals amounting to an estimated compensation of S$500,000 (US$387,627) due to two affected ATMs.
read the full article at ZDNet Asia
No comments:
Post a Comment