In most networks the edge of the network, or the customer facing part of the network is where security must be most vigilant, as this is typically where most attacks or attempts to maliciously enter the system starts (yes, there are always issues with insider attacks, as well).
The following tweet outlines the concerns in the retail industry, however the financial world has issues as well:
Point-of-Sale System Breaches: Threats to the Retail and Hospitality Industries https://t.co/ulCTwHdu4L
— Infosecurity (@InfosecurityMag) December 9, 2015
In the financial world you have old insecure terminals that can be easily turned into lines of attack
ATM security threatened by Windows XP support cutoff #WindowsXP #ATM https://t.co/RWchhYSlsN
— The Register (@TheRegister) December 8, 2015
However, remember new technologies do attract the attention of the bad guys as well.
Cybercriminals to target new payment technologies – https://t.co/INZXSlgkn5 pic.twitter.com/GVprVplqDQ
— Help Net Security (@helpnetsecurity) December 3, 2015
Surely the employees of banks and such can be trusted to secure their passwords?
Finance organizations risk data by failing to secure unique employee logins – https://t.co/jdDvfUsJil pic.twitter.com/2Tf2wx9bfI
— Help Net Security (@helpnetsecurity) December 4, 2015
So at the end of all of this we can see that the edge of financial networks need to be better secured in terms of:
- Ensuring the technology being run on their end devices is still actually supported by someone, and thus might still be secure-able
- Users of terminals into the system realize the dangers of not updating or securing their passwords to the system
- New technologies made to streamline payment systems are in some way secure, and not easily hacked
Food for thought:
