Hacking for espionage purposes is sharply increasing, with groups or national governments from Eastern Europe playing a growing role, according to one of the most comprehensive annual studies of... read more
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Skimming made easier with hacked portable card payment machines
Submitted by l33tdawg on Tue, 2013-09-17 23:39
For years electronic skimming devices have been stealing credit and debit card information with varied success, but the researchers at global cyber security company Group-IB have noticed an increasing amount of modified point-of-sale (POS) devices circulating in underground markets.
It is possible that other models may be in use, but Group-IB focused on one in particular: the VeriFone VX670.
VeriFone's wireless point-of-sale (POS) machine has been completing portable business transactions for nearly 10 years, but now at least one cyber crook is selling a modified version of the device that will capture card numbers and send the data to scammers via cable or wireless connection. It is easy to use and pretty seamless, too.
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