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Volume 27, Issue 4

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February 4, 2014

Point of Sale Hacking – a Growing Threat to Business Continuity?

The data breach at the Target Corp, the US supermarket chain, was a shock for many. The personal information of at least 70 million customers was stolen by hackers who intercepted the information as buyers used credit and debit cards at the company’s points of sale. The reputational damage seems to have quickly spilled over into an impact on the bottom line: Target cut its profit forecasts for the fourth quarter of 2013 by about 20 percent. However, this high profile case (third biggest US retailer) may just be a taste of the problems in line for other enterprises using the same kind of point of sale (PoS) systems.

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http://www.opscentre.com.au/blog/point-of-sale-hacking-a-growing-threat-to-business-continuity/