LA-based fashion retailer, Forever 21, has confirmed hackers had unauthorized access to data from payment cards used at certain POS systems at its stores.
The company was notified by a third party about the breach claiming credit cards transactions affected were made from March to October 2017. In an attempt to reassure the public, the company made a statement claiming only ‘some’ point of sale devices were affected, with no detail on how many stores are affected or where those stores are located. The retailer operates over 815 stores in 57 countries.
Time and time again, POS systems have proven to be easy targets for cyber criminals, but these systems are simply too sensitive to operate without defense measures implemented.
As we approach the upcoming Black Friday, Cyber Monday, and holiday shopping season, retailers need to ensure their POS systems are upgraded and continuously monitor those systems for any suspicious activity that could represent a breach. NNT suggests starting with the implementation of a hardened build standard with precision change detection, coupled with breach detection technology, FIM-based Host Intrusion Detection, in particular.
Security researchers even released a warning yesterday notifying consumers and e-commerce retailers that over 50 million global fraud attacks are expected next week as scammers look to capitalize on the busy shopping period. Will it be too late before you take action?
Read the article on InfoSecurity Magazine
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