South Korea is the largest victim of card present data theft at a time when criminals are ramping up cyberattacks in the Asia-Pacific region.
Card present fraud involves collecting payment data from in-person transactions, either by installing malware on a point-of-sale (POS) device or using skimmers on ATMs or POS terminals. It’s unlear which POS device led to this spike. Researchers say the records may be from the breach of a parent company that operates in several locations or a POS integrator was breached, granting an attacker access to a single service that connects with multiple merchants.
Read the full story on DarkReading: https://www.darkreading.com/endpoint/1m-payment-cards-exposed-in-south-korea-breach/d/d-id/1335415