And the beat goes on bada bing, bada boom!
Data Breach Today is reporting: http://www.databreachtoday.com/1000-businesses-hit-by-pos-malware-a-7230
“The Secret Service now estimates that more than 1,000 U.S. businesses have had their systems infected by Backoff, a new point-of-sale malware that has been linked to numerous remote-access attacks (see Emerging POS Attacks Target Small Merchants).”
Data Breach Today : http://www.databreachtoday.com/1000-businesses-hit-by-pos-malware-a-7230
Remote-access attacks are the current hacker scheme that is the popular method of entry to merchants using POS systems. I have been beating the drum of late regarding the daily epidemic of data breaches and it seems that the data security market made up of large ant-malware companies really doesn’t have an answer, or at least not the right answer.
Symantec claims that the solution is “a properly configured endpoint protection product” and that their product solution will, “allow you to minimize the attack surface”. That’s great and all and I believe that their product suite can certainly minimize the chances of a successful attack.
But… is that the answer? Is this enough? What do merchants need or want? Is the consumer satisfied with making a purchase with the possibility of an attack that has been minimized? Isn’t minimization a maybe?
The answers need to not just minimize risk… but eliminate them altogether. Protecting the endpoint is very important, but that is not enough. It will not stop against an insider with nefarious objectives. The risk against POS malware can be eliminated with the combination of endpoint protection AND enveloping all the data with unhackable encryption. Then even the insider will only be left with useless data. That should be the goal. Secure Channels starts where AES 256 leaves off.
Secure Channels Inc., has created a paradigm shift within the technology industry. Secure Channels Inc. is a cybersecurity firm leveraging robust, state-of-the-art patented encryption technologies and authentication solutions compatible with every type of data available today. Fostering innovative disruptive technologies while still being user defined has become a cornerstone for Secure Channels. Developing patented unique processes to harden encryption and envelop resources in such a way as to render the data unbreakable and useless to the hacker, leaving them with only bits and bytes. By using its Proximity Technologies and securing data through IoT Devices, Secure Channels will be delivering real time analytics, payment processing, and data collection to any mobile platform or device. Secure Channels provides impenetrable cybersecurity far in excess of any existing encryption systems available, you would have to go to the future to find such security and Secure Channels would already be there.