“Offline payment software in the sights of hackers – Swiss companies affected”

Network Safety ConceptThe above headline is taken from a statement by the Reporting and Analysis Centre for Information Assurance (MELANI) from July of this year. The statement describes a new type of hack on companies in Switzerland.

To process mass payments, especially in the case of multibank accounts, companies today generally use offline software for the transmission, approval and execution of electronic payment orders. Transfers are triggered automatically directly from within the ERP software and are transmitted to the bank via secure protocols. This type of payment processing accounts for the majority of the electronic payment orders executed in Switzerland today.

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