Oracle has suffered a major data breach affecting its MICROS POS payments systems. The hack involved malicious code found on MICROS customer service systems. The malware allowed hackers to access customer login information. Early indications are that the attack originated in Russia. Oracle believes that individual transaction data was not compromised, but it is [...]
Fast on the heels of Visa's enhanced partnership with PayPal, Mastercard announced its acquisition of UK-based VocaLink, a real-time payments platform. The move expands Mastercard's ecosystem beyond traditional card-based payments into market space occupied by the likes of PayPal and its Venmo direct payments platform. Mastercard points out that ACH-based transfers represent 50% of payments [...]
Yahoo is investigating the claims of a hacker that 200 million+ Yahoo account credentials and personally identifiable information have been backed and are for sale on the dark web. The hacker, who claims to also be associated with recent LinkedIn and MySpace data breaches, stated that the data is "most likely" from 2012. The hacker, [...]
Computerworld published an article describing a tiny device that can wirelessly hack point of sale and other magnetic-stripe based systems by sending malicious keyboard commands using a design vulnerability in those systems. Apparently a hotel room lock could be hacked within 18-30 minutes using the device. The device was inspired by "MagSpoof" which is a device that can [...]
