Yes, RBI has ordered all the Indian banks to migrate ATMs from Windows XP or simply face penalty.
They will be subject to regulatory sanctions if they do not meet the deadline by June 2019.
The Bleeping Computer obtained a copy of the notification sent by the RBI.
Banks will have to implement some security measures before replacing Windows XP with another newer system.
Last year, 70% of ATMs in India were still running Windows XP.
This problem is not limited to India.
Also, old ATMs cannot be upgraded remotely.
That is why the RBI decided to set a timeline; other countries may need to do the same.
So, what do you think about this?
Simply share all your views and thoughts in the comment section below.
