Beware of PoS malware! It can secretly steal your credit card details

Two point-of-sale (PoS) malware was recently implemented by hackers that stole over 167,000 credit card details. You too could be threatened.

New malware has reportedly been operationalized by hackers and steals victims’ credit card data. Dubbed the PoS (two point of sale) malware, it has already stolen more than 167,000 credit card information from multiple payment platforms. As reported by thehackernews.com, Singapore-headquartered cybersecurity firm Group-IB has shared that stolen data dumps could benefit hackers for up to $3.34 million when sold. on underground forums.

The malware allegedly aims to collect payment data by relying on JavaScript sniffers (also known as web skimmers) to steal textual card data such as credit card numbers, expiration dates, owner names, addresses, CVVs from e-commerce websites. Last month, Kaspersky shared new tactics adopted by a Brazilian threat actor named Prilex to steal money through fraudulent transactions. He said: “Almost all PoS malware strains have similar card dump extraction functionality, but different methods to maintain persistence on infected devices, exfiltration and data processing.” Most of the malicious transactions were performed on credit cards issued by banks in the United States, Puerto Rico, Peru, Panama, United Kingdom, Canada, France, Poland, Norway and the United States. Costa Rica.

How does PoS malware work?

As Group-IB explains, Point-of-sale (POS) malware is a type of malicious software designed to attack PoS terminals with the aim of stealing payment data stored on magnetic strips (magstripes) on the back of the Bank cards. The website noted that the PoS malware has become less popular due to protection mechanisms built into modern credit card processing systems in most countries, but it is still operational. It is still a serious threat to individuals and businesses in the aforementioned regions as well as places where magnetic stripe credit cards are used for payment. According to the report, the United States is a desirable target for threat actors who steal magnetic tape dumps.

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