Home arrow Fraud and Scams arrow Fraud Alerts arrow New Data Breach May Affect 330,000 Retail Locations Around the Globe
User Login





Lost Password?
No account yet? Register
Guard My Credit Menu
Home
- - - THE ISSUES - - -
Videos
Fraud and Scams
Credit Issues
Identity Theft
Privacy Issues
Our Children
Politics & Politicians
- - ACTION CENTER - -
Guard My Credit Links
Helpful Pamphlets
- - - - - - - - - - - - - - -
About ACCESS
Contact Us
About Our Site
Join the Fight
ACCESS is a non-profit, tax exempt consumer advocacy group.

Donations are tax deductable.

Guard My Credit Hits
11414217 Visitors
New Data Breach May Affect 330,000 Retail Locations Around the Globe PDF Print E-mail

August 8, 2016 - It's an everyday occurrence for most of us. We walk into a retail store, check into a hotel or stop for a cup of coffee. To make payment for these items, we swipe our credit or debit card through a machine and simply walk away. Unless there is a problem - like identity theft - most of us will never think about the transactions we've made in the past again. But the news today about a malware attack at Oracle may make you think twice the next time swipe your card at payment terminal. There is a report out that Oracle's MICROS payment system - the third largest point of sale system on the globe - has been compromised by Russian hackers. 

Image

Krebs on Security is once again the first to report this hack. According to the report, more than 700 MICROS computer servers at Oracle were compromised by having malware installed on them. Although the MICROS payment system encrypts credit card data, making it difficult for hackers to access, the malware also allowed the hackers to access retailers' accounts through an online support portal. That portal reportedly provides direct access to point of sale terminals located in retail locations. Once hackers have that kind of access, they can actually read payment card data as it is input.

At present, there is no real evidence that the hackers have been using the installed malware in this way. But Krebs is reporting that infected servers at Oracle were communicating with a server located in Russia that is known to belong to a large Russian hacking group called Carbanak Gang. This group has been known to steal more than $1 billion from other banks and retailers in the past. Given this, there is a very good chance that the group was using its access to MICROS to enrich itself.

It is not yet known when Oracle's computers were first infected and the company isn't saying too much publicly. They have said that they have removed the malware from their systems and are telling their MICROS customers to change their passwords for their support site.

MICROS is a global payment system that is used by some of the biggest names in retail, restaurants and hotels. The breach may have affected as many as 330,000 point of sale locations.

Since this breach can't be attributed to any specific retailer, the only way for consumers to protect themselves from erroneous charges it to check their debit and credit card statements thoroughly and the challenge charges for any items they don't recognize.  

byJim Malmberg

Note: When posting a comment, please sign-in first if you want a response. If you are not registered, click here. Registration is easy and free.

Follow me on Twitter:

Jim Malmberg has 8112 followers on Twitter

 

Follow ACCESS  
Comments
Search
Only registered users can write comments!

3.25 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 
Guard My Credit Polls
#1 - Why did you visit our site today?
 
.•*´¯☼ ♥ ♥ Your Support of These Links Is GREATLY Appreciated ♥ ♥ ☼¯´*•.
Advertisement
 
Go to top of page
Home | Contact Us |About Us | Privacy Policy
eXTReMe Tracker
11/23/2024 09:29:33