Canara Bank, one of India’s largest and oldest state-owned banks, has completely migrated from Windows XP, moving around 33,000 PCs to modern versions of Windows operating system. Realizing the potential security vulnerabilities and monetary hazards of staying on Windows XP after the end of support, the bank switched to modern Windows before support ended on April 8.
Though security was the biggest reason for the switch over, other reasons that contributed to the decision included unavailability of drivers for external devices like printers, scanners and biometric machines if they remained on XP.
Until a month ago about 35 per cent of PCs in BFSI sector were on Windows XP, a huge number considering this sector is amongst the most vulnerable. Realizing the seriousness of the issue, industry associations representing the BFSI sector like Indian Banks’ Association (IBA) and even the Reserve Bank of India (RBI) had sent out advisories recommending immediate migration from Windows XP highlighting various security threats.