Security Features of Atm
Security Features of Atm
INDEX
CONTENTS 1. Introduction 2. History 3. What is an ATM? 3.1 Parts of an ATM 3.2 Input devices 3.3 Output devices 3.4 Bill records 3.5 Reject bills 3.6 Protocols Used 4. HOW ATM WORKS 5. SECURITY 5.1 Security tips 5.2 Security of an ATM 5.3 General security 5.4 Database security 5.5 Network security 5.6 Customer identity integrity 5.7 Device operation integrity 5.8 Customer security PAGE NO 1 2 3 3 3 5 7 7 8 9 10 10 10 11 11 12 12 12 13
INDEX
CONTENTS 6. Difference between ATM card & check card 7. Advantages& Disadvantages of an ATM 7.1 Advantages 7.2 Disadvantages 8. Companies that manufacture ATM 9. Precautions to take 10. Future enhancements 11. Conclusion
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LIST OF FIGURES
Figures
Fig 3.2.1: Card Reader Fig 3.2.1: Keypad Fig 3.3.1: Display Screen Fig 3.3.2: Receipt Printer Fig 3.3.3: Cash Dispenser
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ABSTRACT
An automated teller machine (ATM) or automatic banking machine (ABM) is a computerized telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller. On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smart card with a chip that contains a unique card number and some security information such as an expiration date or CVVC (CVV). Authentication is provided by the customer entering a personal identification number (PIN). Using an ATM, customers can access their bank accounts in order to make cash withdrawals (or credit card cash advances) and check their account balances as well as purchase cell phone prepaid credit. If the currency being withdrawn from the ATM is different from that which the bank account is denominated in (eg: Withdrawing Japanese Yen from a bank account containing US Dollars), the money will be converted at a wholesale exchange rate. Thus, ATMs often provide the best possible exchange rate for foreign travelers and are heavily used for this purpose as well. ATMs are known by various other names including Automated Transaction Machine, automated banking machine, cash point (in Britain),money machine, bank machine, cash machine, hole-in-the-wall, Bancomat (in various countries in Europe and Russia), Multibank (after a registered trade mark, in Portugal), and Any Time Money (in India).