August 24, 2016
FBI to Retailers: Breaches Just Beginning.
Feb. 3, 2014
The U.S. Federal Bureau of Investigation has confirmed published accounts of a report it sent to retailers in mid-January warning them that breaches of the type that recently hit Target and Neiman Marcus will “grow over the near term.”
The three-page report, dated January 17, said it has discovered up to 20 more hacking cases involving the same type of attack. Like the breaches that have already come to light at Target, Neiman Marcus and Michael’s, the FBI said the expected intrusions will come at the expense of retailers compromised at the POS by RAM scraping technology.
“We believe POS malware crime will continue to grow over the near term, despite law enforcement and security firms’ actions to mitigate it,” the FBI told retailers, according to published reports. “The accessibility of the malware on underground forums, the affordability of the software and the huge potential profits to be made from retail POS systems in the United States make this type of financially motivated cybercrime attractive to a wide range of actors.