Microsoft released Windows XP in 2001 and was the widely used operating system for computers until August 2012, when Windows 7 took over. Windows XP has been in use for more than a decade, yet there are still organizations using this operating system, including 95% of the world’s ATMs. No big fuss about that, until Microsoft decided to end support for the popular OS in 20 days.

What this means, is that the tech giant will stop releasing patches and updates for Windows XP, even for those newly identified security flaws, leaving it vulnerable to hackers. Australia has 30,222 ATMs in operation, most of which run on the legacy operating system. Large companies trying to beat the deadline have already contacted Microsoft for custom support, as data migration can take longer than the expected. Australia’s big 4 – Commonwealth, Westpac, ANZ and NAB are in the process of acquiring custom support from Microsoft.

Read more about this on the Sydney Morning Herald website.

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Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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