Emerald Business Systems Blog


Thieves skim customer data from debit terminals

Posted in Bars and Taverns,PCI,POS,Restaurant,Retail,Security by ebs4pos on March 13, 2010

Thieves are accessing personal financial information using the old-fashioned smash-and-grab method, but what they’re grabbing are point-of-sale terminals, not merchandise.

CBC-TV’s Marketplace has learned that many retailers are not helping the situation because they leave valuable information on the terminals where customers swipe their debit and credit cards when paying for purchases instead of wiping the data each night as they’re supposed to.

It’s the equivalent of leaving the store vault open and full of cash, except the cash is credit and debit card data, said RCMP Det. John Koppes of Abbotsford, B.C., who is the Mounties’ computer crime specialist.

Watch “Who’s Minding the Store” on Marketplace, Friday at 8:30 p.m. ET, 9 p.m. in Newfoundland and Labrador.

“In the old days, they’d go with a gun, and they would try to get into the bank vault,” said Koppes. “The criminals now know that the open bank vault per se can be the point-of-sale terminals sitting on a counter top or in a store.”

via CBC News – Consumer Life – Thieves skim customer data from debit terminals.

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