Well Known Credit Card Company Describes a New Skimming Method

#Visa Describes New #Skimming Attack Tactics | #TpromoCom #CreditCard #Criminals | Cybercriminals Using Web Shells to Control Retailers' Servers (govinfosecurity.com) https://bit.ly/3mywxNu

The web shells enable fraudsters conducting digital skimming attacks on e-commerce sites to establish and maintain access to compromised servers, deploy additional malicious files and payloads, facilitate lateral movement within a victim's network and remotely execute commands, Visa says.

In February, Microsoft reported spotting 140,000 web shells per month on servers from August 2020 to January 2021, which it said is almost twice the number from the same period the year before. These web shells, however, were not being used for retail attacks. (read more)

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Checkout Skimmers Powered by Chip Cards

Checkout Skimmers Powered by Chip Cards | #TpromoCom #Skimmers #CreditCard | Easily the most sophisticated skimming devices made for hacking terminals at retail self-checkout lanes are a new breed of PIN pad overlay combined with a flexible, paper-thin device that fits inside the terminal’s chip reader slot. http://bit.ly/3usAhUe

What enables these skimmers to be so slim? They draw their power from the low-voltage current that gets triggered when a chip-based card is inserted. As a result, they do not require external batteries, and can remain in operation indefinitely.

The overlay skimming device pictured above consists of two main components. The one on top is a regular PIN pad overlay designed to record keypresses when a customer enters their debit card PIN. The overlay includes a microcontroller and a small data storage unit (bottom left).

This is becoming more and more of a problem. To read the remainder of this great news story, click here!

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