RBI

RBI warns banks on vulnerability of ATMs running on windows XP or unsupported version of operating system

RBI warns banks on vulnerability of ATMs running on windows XP or unsupported version of operating system and non-implementation of other security measures

Control measures for ATMs – Timeline for compliance

RBI has expressed concerns over the ATMs running on Windows XP and/or other unsupported operating systems.

In a recent communication made to all Scheduled Commercial Banks, Small Finance Banks and Payment Banks and  white-Label ATM Operators, the RBI has expressed displeasure over slow progress on the part of the banks in addressing these issues.

RBI has frawn attention to the vulnerability arising from the ATMs operating on unsupported version of operating system and non-implementation of other security measures which could potentially affect the interests of the banks’ customers adversely, apart from impinging on the image of the bank.

Banks and White-Label ATM Operators have been advised to initiate immediate action in this regard and implement the following control measures as per the prescribed timelines indicated there against:

Sr. No. Control Measures for the ATMs To be completed by
a. Implement security measures such as BIOS password, disabling USB ports, disabling auto-run facility, applying the latest patches of operating system and other softwares, terminal security solution, time-based admin access, etc. August 2018
b. Implement anti-skimming and whitelisting solution. March 2019
c. Upgrade all the ATMs with supported versions of operating system. Such upgrades shall be carried out in a phased manner to ensure that in respect of the existing ATMs running on unsupported versions of operating system,  
i. Not less than 25% of them shall be upgraded by September 2018
ii. Not less than 50% of them shall be upgraded by December 2018
iii. Not less than 75% of them shall be upgraded by March 2019
iv. All of them shall be upgraded by June 2019

Share

Recent Posts

  • Income Tax

AO not justified in rejecting registered valuer’s report without reference to DVO – ITAT

AO not justified in rejecting registered valuer’s report without making a reference to the DVO - ITAT In a recent…

4 days ago
  • FCRA

FCRA specifies list of 105 purposes to be selected for which registration is applied

FCRA specifies list of purposes to be selected for which registration is applied.  The Ministry of Home Affairs has notified…

1 week ago
  • Income Tax

Withholding tax u/s 40(a)(i) not required on cost-to-cost reimbursement made to parent company

Assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent company In a…

1 week ago
  • Government

Temporarily blocking public access to Telegram App not disproportionate – Delhi High Court

Temporarily blocking public access to Telegram App under section 69A of IT Act 2000 is not disproportionate - Delhi HC…

1 week ago
  • Income Tax

High Court explains the meaning of term ‘enterprise’ appearing in section 80IA

High Court explains the meaning of term ‘enterprise’ appearing in section 80IA to means a project or an undertaking owned…

1 week ago
  • Income Tax

Addition deleted as assessee was only a carrier of cash not owner who came up to own it

Addition deleted as assessee was only a carrier of cash and the real owner had come forward owning the cash…

2 weeks ago