According to analysts, over 25 million electronic payment cards may eventually be at risk, this is even as deposit money banks in
By next year,
This is even as support on applications and programmes come to an end for any organisation, datacentre or server running this Operating System (OS) after this date.
According to analysts, lack of compliance, poses a huge threat to local financial services partnership with global Payment Platforms like Visa,
Of the 25million e-payment cards in circulation, 18 million were issued by Verve. Verve, a local card operator, has over the years built up strategic partnerships with
Speaking to journalists, Chief Executive Officer,
Iluyemi urged organisation to conduct critical assessment of their respective Information Technology (IT) environments before embarking on a migration process.
"You need to do an assessment of how many servers are running on the platform. You need to understand how many apps are sitting on the server. After that, you can do a risk assessment before deciding which of the latest platform to adopt", he added.
Speaking in the same vein, PR Lead, West Africa Anglophone,
"As the threat landscape evolves, unsupported and unpatched environments are vulnerable to security risks. As a frame of reference, 37 critical updates were released in 2013 for WS03. If a company is still using WS03, this may result in an officially recognised control failure by an internal or external audit body, leading to suspension of certifications, and/or public notification of the company's inability to maintain its systems and customer information.
"Staying put on the old platform costs more in the end. Hardware maintenance and advanced security systems will drive up costs.
"Failing to take advantage of new technologies and application opportunities can hinder a company's success", he further added.
Analysts are of the view that the risk of businesses running applications on unsupported Windows Server 2003 platform is enormous.
Traditional methods of modernising applications - reinstalling, upgrading the machine or rebuilding - are orders of magnitude more complex, expensive and time consuming than migrating applications onto a new operating system.
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