Home / Malware / Trend Micro and Europol Partner to Arm Financial Industry with ATM Malware Protection – Markets Insider

Trend Micro and Europol Partner to Arm Financial Industry with ATM Malware Protection – Markets Insider


Trend
Micro Incorporated (TYO:
4704; TSE:
4704), a global leader in cybersecurity solutions, and Europol’s
European Cybercrime Centre (EC3) today released a comprehensive report
on the current state of ATM Malware. “Cashing
in on ATM Malware” details both physical and network-based malware
attacks on ATMs, as well as highlights where the malware is created.


This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170926005125/en/


ATM malware has evolved from requiring physical access to infect the
machines to now successfully attacking network-based access using the
bank’s corporate network. The report dissects recent attacks using bank
networks to both steal money and credit card data from ATM machines,
regardless of network segmentation. These attacks not only risk
personally identifiable information (PII) and large sums of money, but
also put banks in violation of PCI compliance standards.


“Protecting against today’s cyber threats and meeting compliance
standards require increased resources that are not always available for
organizations, including those in the financial services industry,” said
Max Cheng, chief information officer for Trend Micro. “Public-private
partnerships strengthen the global, ongoing fight against cybercrime,
and help fill the resource gap for organizations. This report furthers
Trend Micro’s commitment to helping law enforcement and private
businesses mitigate future attacks and protect individuals.”


“The joint industry – law enforcement report by Europol’s EC3 and Trend
Micro shows that the malware being used has evolved significantly and
the scope and scale of the attacks have grown proportionately. While
industry and law enforcement cooperation has developed strongly, the
crime continues to thrive due to the major financial rewards available
to the organized crime groups involved. This report assesses the
developing nature of the threat. I hope that it serves as a blueprint
for future industry and law enforcement cooperation,” said Steven
Wilson, Head of EC3.


In addition to the public report, a limited-release version is available
to law enforcement authorities, financial institutions and the IT
security industry. This private report provides greater detail for
public and private organizations to harden ATM and network systems and
prevent future attacks against financial institutions.


For the complete public report, please visit: https://www.trendmicro.com/vinfo/us/security/news/cybercrime-and-digital-threats/shift-in-atm-malware-landscape-to-network-based-attacks


About Trend Micro


Trend Micro Incorporated, a global leader in cybersecurity solutions,
helps to make the world safe for exchanging digital information. Our
innovative solutions for consumers, businesses, and governments provide
layered security for data centers, cloud environments, networks and
endpoints. All our products work together to seamlessly share threat
intelligence and provide a Connected Threat Defense with centralized
visibility and control, enabling better, faster protection. With more
than 5,000 employees in over 50 countries and the world’s most advanced
global threat intelligence, Trend Micro enables organizations to secure
their journey to the cloud. For more information, visit www.trendmicro.com.


About EC3


Hosted at Europol’s headquarters in The Hague, the Netherlands, the
European Cybercrime Centre (EC3) was launched in 2013 to coordinate
cross-border law enforcement activities against cybercrime and to act as
a centre of technical expertise on the matter. For more information,
visit: www.europol.europa.eu/ec3


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