Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Endpoint

8/1/2019
04:00 PM
50%
50%

1M Payment Cards Exposed in South Korea Breach

South Korea is the largest victim of card present data theft at a time when criminals are ramping up cyberattacks in the Asia-Pacific region.

Researchers have detected a significant uptick in the amount of South Korean-issued payment card records, with more than 1 million posted for sale on the Dark Web since May 29.

The entire Asia-Pacific (APAC) region is seeing an increase in cyberattacks against brick-and-mortar and e-commerce businesses, report Gemini Advisory's Stas Alforov and Christopher Thomas. But South Korea is the largest victim of "card present" data theft "by a wide margin."

During the month of May, Gemini Advisory saw 42,000 compromised South Korean-issued card records posted for sale on the Dark Web; this was "generally in line" with what the company had seen over the past two years, the researchers say. However, in June it saw 230,000 records, or an increase of 448%. July brought an even greater uptick, with 890,000 records, or a 2,019% spike from May. Overall, growth amounted to more than 1 million compromised records for sale.

Card present fraud involves collecting payment data from in-person transactions, either by installing malware on a point-of-sale (POS) device or using skimmers on ATMs or POS terminals. It's unlear which POS device led to this spike. Researchers say the records may be from the breach of a parent company that operates in several locations or a POS integrator was breached, granting an attacker access to a single service that connects with multiple merchants.

The APAC region is becoming a hotter target for cybercrime as financially motivated attackers seek victims outside of the United States. While the US remains the most targeted country, its adoption of EMV technology in 2015 has forced criminals to find more vulnerable businesses. EMV chip adoption typically leads to a decline in card present fraud; however, in the US and South Korea, which also introduced EMV in 2015, a lack of merchant implementation has meant card present fraud remains high.

Read more details here.

 

Black Hat USA returns to Las Vegas with hands-on technical Trainings, cutting-edge Briefings, Arsenal open-source tool demonstrations, top-tier security solutions, and service providers in the Business Hall. Click for information on the conference and to register.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
COVID-19: Latest Security News & Commentary
Dark Reading Staff 9/21/2020
Hacking Yourself: Marie Moe and Pacemaker Security
Gary McGraw Ph.D., Co-founder Berryville Institute of Machine Learning,  9/21/2020
Startup Aims to Map and Track All the IT and Security Things
Kelly Jackson Higgins, Executive Editor at Dark Reading,  9/22/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Special Report: Computing's New Normal
This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
Flash Poll
How IT Security Organizations are Attacking the Cybersecurity Problem
How IT Security Organizations are Attacking the Cybersecurity Problem
The COVID-19 pandemic turned the world -- and enterprise computing -- on end. Here's a look at how cybersecurity teams are retrenching their defense strategies, rebuilding their teams, and selecting new technologies to stop the oncoming rise of online attacks.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-15394
PUBLISHED: 2020-09-25
The REST API in Zoho ManageEngine Applications Manager before build 14740 allows an unauthenticated SQL Injection via a crafted request, leading to Remote Code Execution.
CVE-2020-15521
PUBLISHED: 2020-09-25
Zoho ManageEngine Applications Manager before 14 build 14730 has no protection against jsp/header.jsp Cross-site Scripting (XSS) .
CVE-2020-26103
PUBLISHED: 2020-09-25
In cPanel before 88.0.3, an insecure site password is used for Mailman on a templated VM (SEC-551).
CVE-2020-26104
PUBLISHED: 2020-09-25
In cPanel before 88.0.3, an insecure SRS secret is used on a templated VM (SEC-552).
CVE-2020-26105
PUBLISHED: 2020-09-25
In cPanel before 88.0.3, insecure chkservd test credentials are used on a templated VM (SEC-554).