Skimming made easier with hacked portable card payment machines
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.