NYSE-listed Diebold Inc on Wednesday announced acquisition of 50 per cent stake in its India arm Diebold HMA Pvt Ltd from HMA Data Systems Pvt Ltd.
Integrated financial self-service systems provider Diebold announced on Thursday plans to make India a key manufacturing operation base for South Asia.\n\n\n\n
By 2017, research provided by NCR Corporation, an ATM maker, suggests that the installed base of these machines in India will reach 400,000 machines, from about 100,000 in the third quarter of 2012.
Before inserting your card, always check for any signs of tampering on the ATM machine, warns Aditya Shankar.
'The absence of cyber security framework for ATMs is like a dream come true for hackers.'
With about 2,000 qualified engineers to service ATMs across the country, it is an uphill task to modify 220,000 machines.
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