VeriFone, an electronic payment firm, launched a surprising attack on the hot Square mobile payment application that has been generating high-tech buzz recently. In an open letter urging Square to recall their product, VeriFone claimed that private consumer data is easily made vulnerable because their hardware is full of serious security loopholes.Read More >
An article by io9 (Gawker Media) provides an insider glimpse from the 2011 Chaos Communication Congress in Berlin, which headlined a variety of international hackers, scientists, and high-tech gurus who demonstrated how easy it is to break into an individual’s computer, phone, bank card, and more.
Are PDFs no longer safe? The PDF file is one of the most commonplace formats today, but is one of the easiest to break. In fact, the PDF format is so insecure that a hacker can embed a program inside of it, which you would never be able to see, and enable it to attack your computer.Read More >
The Aldi Inc. chain of grocery stores has issued a statement that customers across eleven different states may be victims of fraud and identity theft due to rogue point-of-sale credit card terminals planted by unknown thieves throughout Aldi stores. The grocery chain believes that the illegal card readers -- in use from June through August -- have all been removed from stores.Read More >
While many consumers complain about being "robbed at the pump" due to the rising cost of fuel, the phrase has a whole new meaning when thieves hijack debit and credit card information from gas pump POS terminals using electronic "skimmers." A New York Times blog post comments that over recent months, bank account theft using these devices is dramatically on the rise, according to bank reports.Read More >
A year ago, security researcher Barnaby Jack was set to show off a new rootkit, and its capabilities for hacking ATMs, at the Black Hat Las Vegas Conference. However, facing pressure from an ATM company concerned about misuse of this information, his employer pulled the plug. Now under new employ, Jack will present his discussion, "Jackpotting Automated Teller Machines," at this year's conference. In it, he'll illustrate how the software in today's ATMs is vulnerable to network attacks as well as reveal his multi-platform rootkit.Read More >
We've posted before about thieves installing credit card "skimmers" over the card readers at automated gas pumps. And now, a chain of retail stores has been hit with a similar scam, in which thieves swapped out the stores existing POS card readers--the devices customers use to swipe their cards and enter their PIN codes--and replaced them with identical looking card readers that could have stolen the customers' information.Read More >
The Los Angeles Sheriff's Department recently wrapped up a three-year investigation into a credit card fraud and identity theft ring that was using "skimmers"--electronic devices covertly installed over the card slots on ATM machines and other card readers--to capture credit and debit card information, including PIN codes, at a number of computerized gas station pumps. The skimming devices stored the card information until downloaded by the thieves and re-encoded onto the magnetic strips of other cards. The criminals were then able to use the stolen card numbers--of which they had over 10,000 when arrested--to make purchases.Read More >