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Showing posts with label automated. Show all posts
Showing posts with label automated. Show all posts

Monday, March 26, 2012

UniCredit Bank In Hungary Selects Diebold As Exclusive ATM Provider



23 March 2012

UniCredit Bank In Hungary Selects Diebold As Exclusive ATM Provider

Bank is Hungary’s first financial institution to deploy deposit automation technology
BUDAPEST, Hungary – To enhance the consumer experience and streamline operations, UniCredit Bank Hungary Zrt. launched a service that enables consumers to deposit cash via an automated teller machine (ATM) to their bank accounts. UniCredit Bank also selected Diebold, Incorporated as its exclusive ATM provider to set-up the new ATMs. The new ATMs deployed by Diebold supported UniCredit Bank to be the first financial institution in Hungary offering automated deposit services.

A successful pilot of envelope-free transactions that authenticated and validated deposit of banknotes in real-time on approximately 10 Diebold Opteva® ATMs was completed in early 2011. These ATMs were equipped with Diebold’s Agilis® multi-vendor softwareapplication and enhanced banknote acceptor (ENA). Following the pilot, the bank ordered 25 additional terminals with ENA modules. The bank plans to continue the deployment of additional modules, with the goal to increase the number to 60 by the end of 2012. These cash deposit-enabled ATMs will help the bank improve efficiencies and provide new services for its customers.

The agreement also includes maintenance and professional services for approximately 180 Opteva ATMs deployed across the country. Additionally, UniCredit Bank is deploying personalized ATM marketing which will enable it to deliver targeted marketing campaigns to its customers, empower customers to personalize their ATM experience and extend the bank’s brand. UniCredit Bank is the first financial institution in Hungary to implement Diebold’s Agilis Campaign Office one-to-one marketing solution.

UniCredit Bank was recently named “The Most Innovative Bank of the Year” by MasterCard for integrating deposit automation into its self-service offerings to consumers.

“When we started envelope-free deposit transactions in February 2011 it was clear during the pilot period that customer demand is significant for this kind of service,” said Gyula Bunna, managing director of the retail marketing and segments, UniCredit. “Branches where these new types of ATMs are installed reported an increased percentage of terminal usage instead of cash-desk.”

Diebold has leveraged its strong deposit automation experience and technology expertise to design the ENA to deliver deposit automation improvements, such as simplified servicing and ease of operation. The ENA enables the deposit of up to 50 mixed-denomination notes in an easy, envelope-free transaction that authenticates and validates deposits quickly and accurately, which will continue to allow UniCredit Bank to make deposits available immediately to customers. Diebold’s ENA was certified to accept Hungarian currency by the local central bank.

“Deposit automation technology is key to transforming the branch’s role within the retail banking industry,” said Gerhard Gierer, area sales manager, Central Europe, Diebold EMEA.  “We are excited to partner with UniCredit Bank in Hungary to provide it with innovative products and services that will streamline operations and enhance the consumer experience.”

About UniCredit Bank Hungary Zrt.
UniCredit Bank Hungary Zrt. is a determining player in the Hungarian banking market, which offers comprehensive and flexible financial products and services under favourable conditions. It provides its customers with a wide range of state-of-the-art banking products and services from loans for private and corporate customers and factoring services to big development projects realized with supports from the European Union, from bank accounts and deposits through asset management to investment banking services. This offer is completed by the services of the Hungarian leasing company of UniCredit Group, UniCredit Leasing Hungary Zrt. and also of Pioneer Fund Management Ltd., and is also supported with financial resources by UniCredit Jelzálogbank Zrt.
UniCredit Bank has been awarded several times in recent years. It earned the title of “Superbrands” in 2008, 2009 and 2010, the title awarded to top brands of sectors by a jury consisting of Hungarian professionals. In addition it was also awarded the title of “Business Superbrands” in 2009. Moreover UniCredit Bank won the title of “The retail saving product of the year” in the competition of “The bank of the year” in 2008 and also in 2010, while 2011 brought an all time record for the bank. In the competition “The bank of the Year 2011” UniCredit Bank Hungary won first place in the categories of “The most innovative bank of the year 2011” and “The retail credit product of the year 2011”, while finished second in “The retail bank account of the year 2011” and in “The retail saving product of the year 2011” categories.
All these further strengthen UniCredit Bank’s commitment to providing customers with high-level services and to innovation, and supports the success of its strategy.
About DieboldDiebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 16,000 associates with representation in nearly 90 countries worldwide and is headquartered in the Canton, Ohio region, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol ‘DBD.’ For more information, visit the company's website at www.diebold.com or follow the company on Twitter: http://twitter.com/diebold_inc.
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Thursday, March 22, 2012

IBM X-Force Report: 2011 Shows Progress Against Security Threats But Attackers Adapt

IBM X-Force Report: 2011 Shows Progress Against Security Threats But Attackers Adapt

Emerging Attack Trends include Mobile Exploits, Automated Password Guessing, a Surge in Phishing and Shell Command Injection Attacks


ARMONK, N.Y. - 22 Mar 2012: IBM [NYSE:IBM] today released the results of its X-Force 2011 Trend and Risk Report, which shows surprising improvements in several areas of Internet security such as a reduction in application security vulnerabilities, exploit code and spam. As a result, the report suggests attackers today are being forced to rethink their tactics by targeting more niche IT loopholes and emerging technologies such as social networks and mobile devices.
The X-Force 2011 Trend and Risk Report revealed a 50 percent decline in spam email compared to 2010; more diligent patching of security vulnerabilities by software vendors, with only 36 percent of software vulnerabilities remaining unpatched in 2011 compared to 43 percent in 2010; and higher quality of software application code, as seen in web-application vulnerabilities called cross site scripting half as likely to exist in clients’ software as they were four years ago.  
In light of these improvements, it seems attackers are adapting their techniques. The report uncovers a rise in emerging attack trends including mobile exploits, automated password guessing, and a surge in phishing attacks. An increase in automated shell command injection attacks against web servers may be a response to successful efforts to close off other kinds of web application vulnerabilities.  
The IBM X-Force 2011 Trend and Risk Report is based on intelligence gathered by one of the industry’s leading security research teams through its research of public vulnerability disclosures findings from more than 4,000 clients, and the monitoring and analysis of an average of 13 billion events daily in 2011. 
“In 2011, we’ve seen surprisingly good progress in the fight against attacks through the IT industry’s efforts to improve the quality of software,” said Tom Cross, manager of Threat Intelligence and Strategy for IBM X-Force. "In response, attackers continue to evolve their techniques to find new avenues into an organization. As long as attackers profit from cyber crime, organizations should remain diligent in prioritizing and addressing their vulnerabilities." 
According to the report, there are positive trends as it appears companies implemented better security practices in 2011:  
·         Thirty percent decline in the availability of exploit code – When security vulnerabilities are disclosed, exploit code is sometimes released that attackers can download and use to break into computers. Approximately 30 percent fewer exploits were released in 2011 than were seen on average over the past four years. This improvement can be attributed to architectural and procedural changes made by software developers that help make it more difficult for attackers to successfully exploit vulnerabilities.  
·         Decrease in unpatched security vulnerabilities – When security vulnerabilities are publicly disclosed, it is important that the responsible software vendor provide a patch or fix in a timely fashion. Some security vulnerabilities are never patched, but the percentage of unpatched vulnerabilities has been decreasing steadily over the past few years. In 2011 this number was down to 36 percent from 43 percent in 2010. 
·         Fifty percent reduction in cross site scripting (XSS) vulnerabilities due to improvements in software quality - The IBM X-Force team is seeing significant improvement in the quality of software produced by organizations that use tools like IBM AppScan OnDemand service to analyze, find, and fix vulnerabilities in their code.  IBM found XSS vulnerabilities are half as likely to exist in customers' software as they were four years ago. However, XSS vulnerabilities still appear in about 40 percent of the applications IBM scans. This is still high for something well understood and able to be addressed. 
·         Decline in spam – IBM’s global spam email monitoring network has seen about half the volume of spam email in 2011 that was seen in 2010. Some of this decline can be attributed to the take-down of several large spam botnets, which likely hindered spammers’ ability to send emails. The IBM X-Force team witnessed spam evolve through several generations over the past seven years as spam filtering technology has improved and spammers have adapted their techniques in order to successfully reach readers.  
Attackers Adapt Their Techniques in 2011
Even with these improvements, there has been a rise in new attack trends and an array of significant, widely reported external network and security breaches.  As malicious attackers become increasingly savvy, the IBM X-Force documented increases in three key areas of attack activity: 
·         Attacks targeting shell command injection vulnerabilities more than double - For years, SQL injection attacks against web applications have been a popular vector for attackers of all types. SQL injection vulnerabilities allow an attacker to manipulate the database behind a website. As progress has been made to close those vulnerabilities – the number of SQL injection vulnerabilities in publicly maintained web applications dropped by 46 percent in 2011– some attackers have now started to target shell command injection vulnerabilities instead. These vulnerabilities allow the attacker to execute commands directly on a web server. Shell command injection attacks rose by two to three times over the course of 2011. Web application developers should pay close attention to this increasingly popular attack vector.  
·         Spike in automated password guessing – Poor passwords and password policies have played a role in a number of high-profile breaches during 2011. There is also a lot of automated attack activity on the Internet in which attacks scan the net for systems with weak login passwords. IBM observed a large spike in this sort of password guessing activity directed at secure shell servers (SSH) in the later half of 2011.  
·         Increase in phishing attacks that impersonate social networking sites and mail parcel services – The volume of email attributed to phishing was relatively small over the course of 2010 and the first half of 2011, but phishing came back with a vengeance in the second half, reaching volumes that haven’t been seen since 2008. Many of these emails impersonate popular social networking sites and mail parcel services, and entice victims to click on links to web pages that may try to infect their PCs with malware. Some of this activity can also be attributed to advertising click fraud, where spammers use misleading emails to drive traffic to retail websites.  
Emerging Technologies Create New Avenues for Attacks
New technologies such as mobile and cloud computing continue to create challenges for enterprise security.  
·         Publicly released mobile exploits rise 19 percent in 2011 – This year’s IBM X-Force report focused on a number of emerging trends and best practices to manage the growing trend of “Bring your Own Device,” or BYOD, in the enterprise. IBM X-Force reported a 19 percent increase over the prior year in the number of exploits publicly released that can be used to target mobile devices. There are many mobile devices in consumers' hands that have unpatched vulnerabilities to publicly released exploits, creating an opportunity for attackers. IT managers should be prepared to address this growing risk. 
·         Attacks increasingly relate to social media - With the widespread adoption of social media platforms and social technologies, this area has become a target of attacker activity. IBM X-Force observed a surge in phishing emails impersonating social media sites. More sophisticated attackers have also taken notice. The amount of information people are offering in social networks about their personal and professional lives has begun to play a role in pre-attack intelligence gathering for the infiltration of public and private sector computing networks.  
·         Cloud computing presents new challenges - Cloud computing is moving rapidly from emerging to mainstream technology, and rapid growth is anticipated through the end of 2013. In 2011, there were many high profile cloud breaches affecting well-known organizations and large populations of their customers. IT security staff should carefully consider which workloads are sent to third-party cloud providers and what should be kept in-house due to the sensitivity of data. Cloud security requires foresight on the part of the customer as well as flexibility and skills on the part of the cloud provider. The IBM X-Force report notes that the most effective means for managing security in the cloud may be through Service Level Agreements (SLAs) because of the limited impact that an organization can realistically exercise over the cloud computing service. Therefore, careful consideration should be given to ownership, access management, governance and termination when crafting SLAs. The IBM X-Force report encourages cloud customers to take a lifecycle view of the cloud deployment and fully consider the impact to their overall information security posture.  
"Many cloud customers using a service worry about the security of the technology. Depending upon the type of cloud deployment, most, if not all, of the technology is outside of the customer's control,” said Ryan Berg, IBM Security Cloud Strategist. “They should focus on information security requirements of the data destined for the cloud, and through due diligence, make certain their cloud provider has the capability to adequately secure the workload."  
IBM continues to work with its clients to step up security to address these new areas. Recommendations for helping clients improve the security of their IT department in light of these new threats include: performing regular security assessments; segmenting sensitive systems and information; training end users about phishing and spear phishing and secure computing principals in general, as well as examining the policies of business partners.  
To view the full X-Force 2011 Trend and Risk Report and watch a highlight video please visitwww.ibm.com/security/xforce.     
About the IBM X-Force Trend and Risk Report
The IBM X-Force Trend and Risk Report is an annual assessment of the security landscape, designed to help clients better understand the latest security risks, and stay ahead of these threats. The report gathers facts from numerous intelligence sources, including its database of more than 50,000 computer security vulnerabilities, its global Web crawler and its international spam collectors, and the real-time monitoring of 13 billion events every day for nearly 4,000 clients in more than 130 countries. These 13-billion events monitored each day – more than 150,000 per second – are a result of the work done in IBM's nine global Security Operations Centers, which is provided as a managed security service to clients. 
About IBM Security
With more than 40 years of security development and innovation, IBM has breadth and depth in security research, products, services and consulting. IBM has nine worldwide research labs innovating security technology and nine security operations centers around the world to help global clients maintain an appropriate security posture. IBM Managed Security Services delivers the expertise, tools and infrastructure clients need to secure their information assets from constant Internet attacks, often at a fraction of the cost of in-house security resources. The Institute for Advanced Security is IBM’s global initiative the help organizations better understand and respond to the security threats to their business. Visit the Institute community atwww.instituteforadvancedsecurity.com 
For more information on IBM Security Solutions, please visit: www.ibm.com/security.