canadian credit cards directory in canada

Credit Cards - Are using Point-of-sale machines a high risk activity? - Canada

a good place to talk about links

Are using Point-of-sale machines a high risk activity?

Postby montyloree » Wed Mar 17, 2010 03:50:49 PM

According to this article there are 630,000 point of sale machines across Canada. It sounds as if creative thieves are learning how to steal even from these point of sale machines.

As we go to a cashless society, this would become pretty high risk in my opinion... it's an interesting discussion


Thieves are accessing personal financial information using the old-fashioned smash-and-grab method, but what they're grabbing are point-of-sale terminals, not merchandise.

CBC-TV's Marketplace has learned that many retailers are not helping the situation because they leave valuable information on the terminals where customers swipe their debit and credit cards when paying for purchases instead of wiping the data each night as they're supposed to.

It's the equivalent of leaving the store vault open and full of cash, except the cash is credit and debit card data, said RCMP Det. John Koppes of Abbotsford, B.C., who is the Mounties' computer crime specialist.
VIA CBC.ca
montyloree
Moderator
Posts: 3594
Joined: Sat Jul 16, 2005 10:52:47 AM
Province: SK


Return to Credit Cards - Discussion Area