Michaels Breach Evidence Of Growing POS Skimming Trend

    Date16 May 2011
    CategoryLatest News
    4320
    Posted ByDave Wreski
    As news spreads about the PIN-pad skimming breach that compromised data processed via 90 terminals across 20 states at arts and crafts outlets owned by Michaels Stores, security experts warn that this attack is symptomatic of point-of-sale (POS) vulnerabilities faced by many retail outfits today. No matter how much work these firms put into protecting credit card and customer databases, if their POS systems are compromised, then the bad guys can collect valuable information at the source of the transaction before it even reaches the protected bubble of the database.

    "Skimmer technology just keeps getting better. It's so good even suspicious consumers and reasonably educated employees can't detect the devices," says 'TK' Keanini, CTO of nCircle. "This reality means every retail business relying on PIN-pad devices should be working side by side with equipment suppliers to put countermeasures in place against this type of threat."

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