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