Attack Against Point-of-Sale Terminal
When you pay a restaurant bill at your table using a point-of-sale machine, are you sure it’s legit? In the past three months, Toronto and Peel police have discovered many that aren’t.
In what is the latest financial fraud, crooks are using distraction techniques to replace merchants’ machines with their own, police say. At the end of the day, they create another distraction to pull the switch again.
Using information inputted by customers, including PIN data, the criminals are reproducing credit cards at an alarming rate.
Presumably these hacked point-of-sale terminals look and function normally, and additionally save a copy of the credit card information.
Note that this attack works despite any customer-focused security, like chip-and-pin systems.