From Fortune: As Windows XP Retirement Nears, Businesses Weigh Upgrade Risks

Payments Leader

Posted on April 25, 2014

After April 8th, 2014, Microsoft will end support, including automatic security patches, for its 13-year-old Windows XP operating system. This may sound like an inconvenience primarily for government agencies and aging uncles, but another major set of Windows XP users are the automated teller machines and credit card sales systems that handle billions of dollars of transactions daily.

While major retailers and banks are likely to be well-prepared for the end of XP, financial systems based on the software are also in the hands of a far-reaching hodgepodge of independent ATM operators and small businesses. Despite ample warning, industry analysts and insiders agree that high cost and inconvenience will keep plenty of these smaller players running outdated software for many months to come — with serious implications for the security of their systems.

To read the full article, visit Fortune.

 

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Payments Leader

Payments Leader from FIS provides insights on credit, loyalty, fraud and emerging payments strategies through blog posts from our industry experienced authors.