Introduction:
On Wednesday May 31st, 2017 unspecified number of Kmart stores which are owned by Sears Holding Corp became prey of malware attack. Their point-of -sale system had been infected by malware and their customer’s payment card data got exposed to hackers.
Summary
The security breach happened at Kmart affected unspecified number of stores which has compromised customers credit card numbers. As per the spoke person from Kmart they recently became aware of the unauthorized credit card activity following certain customer purchases at some of their Kmart stores. They immediately launched a thorough investigation and engaged leading forensic experts to review their system and secure affected part of network. Kmart said it is working with law enforcement agencies as well. …show more content…
In 2014 Kmart security was also breached by malware attack. In both attacks malware was designed to steal payment card data from hacked point-of-sale (POS) device. The malware copies account data stored on the card’s magnetic stripe. Hackers can clone the card and use them to buy high priced goods. Card which does not have EMV chip can be cloned to create counterfeit card. EMV chip creates and transmits a onetime code that is required for transaction to go through but it does nothing to prevent card data from being stolen. It just makes the counterfeit a lot more expensive for the hackers. “Unlike magnetic-stripe cards, every time an EMV card is used for payment, the card chip creates a unique transaction code that cannot be used again. If a hacker stole the chip information from one specific point of sale, typical
On Wednesday May 31st, 2017 unspecified number of Kmart stores which are owned by Sears Holding Corp became prey of malware attack. Their point-of -sale system had been infected by malware and their customer’s payment card data got exposed to hackers.
Summary
The security breach happened at Kmart affected unspecified number of stores which has compromised customers credit card numbers. As per the spoke person from Kmart they recently became aware of the unauthorized credit card activity following certain customer purchases at some of their Kmart stores. They immediately launched a thorough investigation and engaged leading forensic experts to review their system and secure affected part of network. Kmart said it is working with law enforcement agencies as well. …show more content…
In 2014 Kmart security was also breached by malware attack. In both attacks malware was designed to steal payment card data from hacked point-of-sale (POS) device. The malware copies account data stored on the card’s magnetic stripe. Hackers can clone the card and use them to buy high priced goods. Card which does not have EMV chip can be cloned to create counterfeit card. EMV chip creates and transmits a onetime code that is required for transaction to go through but it does nothing to prevent card data from being stolen. It just makes the counterfeit a lot more expensive for the hackers. “Unlike magnetic-stripe cards, every time an EMV card is used for payment, the card chip creates a unique transaction code that cannot be used again. If a hacker stole the chip information from one specific point of sale, typical