#CyberSecurity #CCP
#FBI Raids Chinese Point-of-Sale Giant #PAX Technology
On October 26, 2021, FBI and #MI5 in the US raided the Florida offices of PAX Technology, a Chinese provider of point-of-sale devices used by millions of businesses and retailers globally. There are reports saying that PAX’s systems may have been involved in cyberattacks on U.S. and E.U. organizations.
The sources came from the payment processor, revealing that "the PAX terminals were being used both as a malware “dropper” — a repository for malicious files — and as “command-and-control” locations for staging attacks and collecting information.”
It is pointed out that “two major financial providers — one in the United States and one in the United Kingdom — had already begun pulling PAX terminals from their payment infrastructure.”
Federal investigations are under way.
Read full article:
https://krebsonsecurity.com/2021/10/fbi-raids-chinese-point-of-sale-giant-pax-technology/
Source: Krebs on Security; #Oct26
#FBI Raids Chinese Point-of-Sale Giant #PAX Technology
On October 26, 2021, FBI and #MI5 in the US raided the Florida offices of PAX Technology, a Chinese provider of point-of-sale devices used by millions of businesses and retailers globally. There are reports saying that PAX’s systems may have been involved in cyberattacks on U.S. and E.U. organizations.
The sources came from the payment processor, revealing that "the PAX terminals were being used both as a malware “dropper” — a repository for malicious files — and as “command-and-control” locations for staging attacks and collecting information.”
It is pointed out that “two major financial providers — one in the United States and one in the United Kingdom — had already begun pulling PAX terminals from their payment infrastructure.”
Federal investigations are under way.
Read full article:
https://krebsonsecurity.com/2021/10/fbi-raids-chinese-point-of-sale-giant-pax-technology/
Source: Krebs on Security; #Oct26