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FBI Raids Chinese Point-of-Sale Giant PAX Technology

Krebs on Security

federal investigators today raided the Florida offices of PAX Technology , a Chinese provider of point-of-sale devices used by millions of businesses and retailers globally. has more than 60 million point-of-sale terminals in use throughout 120 countries. organizations. Source: WOKV.com. Earlier today, Jacksonville, Fla.

Sales 72
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Ransomware attack disrupted store operations in the Netherlands and Germany

Security Affairs

Electronics retail giant MediaMarkt was hit by a ransomware attack that disrupted store operations in the Netherlands and Germany. Media Markt is a German multinational chain of stores selling consumer electronics with over 1000 stores in Europe. The sales online were not affected by the security incident.

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Acer suffered the second security breach in a few months

Security Affairs

Taiwanese electronics technology giant Acer discloses a security breach suffered by its after-sales service systems in India after an isolated attack. Bad news for the Taiwanese electronics technology giant Acer, it disclosed a second security breach this year. ” Steven Chung, Acer Corporate Communications, told the media.

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How Cybercriminals are Weathering COVID-19

Krebs on Security

Most online retailers years ago stopped shipping to regions of the world most frequently associated with credit card fraud, including Eastern Europe, North Africa, and Russia. “The illusion of philanthropy recedes further when you consider the benefits to the threat actors giving away goods and services,” the report notes.

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Holiday Shopping Readiness: How is Retail Data Security Holding Up?

Thales Cloud Protection & Licensing

Holiday Shopping Readiness: How is Retail Data Security Holding Up? Retailers have been prepping for this season all year and are ready to provide a safe, secure, and seamless customer shopping experience. According to the National Retail Federation (NFR), retail sales during 2024 will grow between 2.5%

Retail 71
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The Future of Payments Security

Thales Cloud Protection & Licensing

The Verizon DBIR 2020 report indicates that financially motivated attacks against retailers have moved away from Point of Sale (POS) devices and controllers, towards web applications. Figure 1: Web application breaches in the Retail industry. Fraud and scams move to the web. Source: Verizon DBIR 2020.

Security 143
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2024 Cybersecurity Laws & Regulations

eSecurity Planet

Health Insurance Portability & Accountability Act (HIPAA) The Health Insurance Portability and Accountability Act (HIPAA) sets standards for protecting sensitive health information, particularly electronic health records (EHRs). This includes administrative, physical, and technical safeguards like encryption and access controls.