POS News | Black POS used by Cyber-Criminals to Steal 110 Million
POS NEWS | Malware identified as Black POS used by cyber-criminals to steal 110 million plus Target customer credit card details was an off-the-shelf product. It was designed & deployed by a 17 year-old St. Petersburg-based Russian programmer, claims US security firm IntelCrawler. What is more, the accused and his work was reported to US banks summer 2013.
Does placing blame change the new age of malware emerging almost daily? The Reality: threats are aimed directly at the largest global discount & exclusive luxury retailers in the world. The widely-deployed POS systems have even comprised major US banks.
Ever-mounting evidence continues to reveal industry compliant, one-size-fits-all POS products enable the vulnerabilities at the core recent transaction-focused attacks.
Can at risk players in the payments ecosystem do anything but assess damaging fallout while waiting for the next breach? Alternatives to ineffective off-the-shelf POS software like newly announced Oceanside POS N3XMOD feature code that far surpasses PCI Compliance. It's engineered to thwart hacks dreamt up by cyber-crooks & secures sales data in the ever-changing retail, restaurant & quick casual businesses.