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Cyber Thieves Targeting Non-EMV Enabled Machines
December 5, 2016 | ABA Banking Journal
In the wake of the decision by Visa and MasterCard to delay the EMV chip card liability shift for gas pumps until 2020, a new advisory emphasizes that cyber thieves are focusing on retailers who have not upgraded their systems. “Criminals are targeting the remaining merchants that have not upgraded, including gas pumps,” said the Financial Services Information Sharing and Analysis Center, the Retail Cyber Intelligence Sharing Center and the U.S. Secret Service in a joint release. The American Banker's Association (ABA) recommends that commercial customers review the advisory in detail as it provides tactics, techniques and procedures that merchants can use to prevent and mitigate frequent cyber risks.