point of sale

Home Depot Acknowledges Breach of Payment Systems

Almost a week after public reports named Home Depot as a possible victim of a sophisticated cyber attack, the home improvement giant has acknowledged that it was hacked.   In a statement on Monday, Home Depot said that an internal investigation confirmed a “breach of our payment data systems” took place. The breach affects the company’s U.S. and Canadian stores, though not its Mexican locations or online transactions, the company said. The incident also appears to have been long-lived. Home Depot estimates that the breach dates to April, 2014. The company did not say when it was finally shut down – though that date could be as late as July. Home Depot has been investigating the incident since it was first disclosed by Brian Krebs at the blog Krebsonsecurity. Krebs was alerted to the incident after large quantities of stolen credit cards began appearing on cyber criminal forums. Sources at […]

Report: Deep Links Connect Home Depot, Target Hacks

Security reporter Brian Krebs has an intriguing post from Sunday that suggests a link between the massive breach at Target Stores in late 2013 and the recently alleged compromise of systems at home improvement giant Home Depot. Home Depot has yet to acknowledge any theft of customer data from its computer systems. However, according to Krebs, an unnamed “source close to the Home Depot investigation” told him that an analysis of compromised computers at Home Depot revealed that some of the store’s registers were infected with a new variant of BlackPOS, a malicious software program designed to run on Windows-based point of sale (or POS) systems and steal card data when cards are swiped. BlackPOS was found on point-of-sale systems at Target last year.  In March, the security firm Arbor Networks issued a report that cited BlackPOS as one of a number of point of sale system malware families that cyber criminal groups were using heavily: generating new […]

Paypal Disables Two Factor From Mobile

In the wake of a disclosure, yesterday, that a secure log-in feature was vulnerable to hacking, PayPal has suspended the ability of customers who elect to use the feature to log in to PayPal using the company’s mobile application. In a blog post on Wednesday, PayPal Director of Global Initiatives Anuj Nayar said that the company took the step of disabling mobile application log ins after the researcher, Zach Lanier of DUO Security, published his findings in a blog post yesterday. As reported by The Security Ledger, researcher Zach Lanier of DUO Labs discovered that a PayPal mobile API (application program interface) for its Security Key two-factor authentication technology contains a vulnerability that would allow even a non-technical hacker to bypass the second factor when accessing a Paypal customer’s account. The problem comes up when trying to access a Paypal account protected using two-factor authentication using a PayPal mobile application – […]

Arbor Networks PoS Report

Unknown Knowns: Arbor Warns Of Widespread Point of Sale Compromises

The hack of U.S. retailer Target put attacks on point of sale systems on the radar, and prompted major retailers to revisit the security of the systems that accept credit card transactions. Now research from Arbor Networks is warning that hackers and cyber criminals are doubling down on point of sale (PoS) systems with a wide range of specialized PoS malware and targeted attacks. Arbor says it has data suggesting that PoS compromises may be widespread, and undetected. Arbor’s Security Engineering & Response Team (SERT)  issued its findings in a Threat Intelligence Brief (2014-6)  report. The company said that “ambitious threat actors” are using targeted attack campaigns against PoS networks. The “longevity and extent” of PoS attack campaigns – even at wealthy and sophisticated organizations – is “a serious concern.”   [Read Security Ledger’s coverage of the Target data breach here.] “In organizations with security teams and well-managed network infrastructure, point of […]

Target Breach Spells End for Magnetic Stripe Cards in 2015

After years spent fighting pushes for more secure standards, the payment card industry and retailers are moving quickly to abandon magnetic stripe cards and embrace so-called ‘chip and pin’ technology. Credit card firms MasterCard and Visa plan to have most customers on the more secure chip and pin cards by October, 2015, according to a report in the Wall Street Journal. The move comes in the wake of a massive heist of account information for tens of millions of credit card holders from the systems of U.S. retailers including Target, Neiman Marcus and Michaels Stores. In an interview with MasterCard’s Carolyn Balfany, the Journal notes that company has set October, 2015 as the date for a “liability shift” – a change in policy that will hold the party in a fraudulent transaction liable for losses due to that transaction. The goal, said Balfany, is to try to encourage merchants and […]