Warn clients about ATM loophole

Six out of 10 American ATMs and countless more in Canada won’t have any technical backup when Microsoft stops supporting its XP operating system in April, says Computer World.

Read: IRS has data breach scare

That means their software’s security will be increasingly harder to update and maintain. The Payment Card Industry Security Standards Council estimates 95% of ATMs worldwide run on XP. Many bank machine operators are already upgrading machines, Computer World reports.

If your office runs on XP, you’ll be vulnerable just like the ATMs. Advisor tech columnist Kevin Cork will address the end of Windows XP in the May issue of Advisor’s Edge.

Read more here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.