Retail Sector: The bull’s eye for cyber criminals: PoS Systems

March 28, 2018 — PoS Systems as a bull’s eye for cyber criminals

Ryan Wilk, VP at NuData, wrote a report syndicated yesterday by Retail Sector disclosing that many companies have suffered indignities through their PoS systems, and the belief that the trend will continue.

Neutralizing the credit card information after a breach is another way to combat fraudulent transactions. Restaurants, retailers, and other companies offering services in the card-not-present (CNP) channel need to identify customers by means that don’t rely on the – potentially stolen – static data. By analysing the user’s online behaviour through hundreds of other identifiers that hackers can’t imitate or steal, the stolen data is not useful anymore.

For the complete article, go here.