Point-of-sale attacksThe Target breach discovered one year ago affected more than 40 million consumer accounts. Industry professionals are hoping American card issuers October 2015 switch to chip-and-pin (also known as EMV) cards -- which add a microchip to the credit card for an additional layer of security -- will help stop these sorts of breaches. But stopping fraud, especially for credit cards, is like squeezing Jell-O: You stop it in one place and it squirts out in another, said Stephen Coggeshall, chief analytics and science officer at identity theft firm LifeLock. McAfee expects the point of sale type of attack that felled Target -- malware that infected its payment terminals -- will continue through 2015 as many terminals need to be upgraded to accept the new chip-and-pin cards. But the firm also warns these attacks will increase and evolve to target mobile payment systems like Apple Pay. Its tough to inoculate yourself from these attacks -- unless you swear off credit and debit cards altogether. Be sure to monitor statements closely and flag any charges that look odd. Make sure your PC is secure. Call David at Wellmax Computer at 818-9438023.
Posted on: Fri, 23 Jan 2015 06:14:55 +0000
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