News, Education and Events Decoding Digital Payments & Fraud

News, Education and Events Decoding Digital Payments & Fraud

Shoney's Hacked

Shoney’s Latest Restaurant to Suffer Data Breach

Restaurant chains continue to provide fertile ground for hackers to steal payment card information and use it to make fraudulent purchases online. A pattern of fraud identified by banks and merchants has led back to a breach that occurred at Shoney’s restaurants, which are located mostly in the southeastern U.S. First reported by security blogger Brian Krebs, Best American Hospitality Corp., which operates and manages many Shoney’s locations, announced its systems had been infected with malware that had exposed customer information between December of 2016 and March 2017. Restaurant and hotel chains have been especially hard hit by malware that infects POS terminals and steals card information remotely.

The company said the malware “appears to have identified data from the card’s magnetic stripe that included the cardholder name and number and in other instances the card data identified by the malware did not appear to include the cardholder name. It is possible that not every cardholder name was identified.”

The breach will add to the sea of stolen information fraudsters are leveraging to create identities, take over or create new accounts, commit clean fraud and monetize in an increasing number of ways with increasing sophistication.

Learn more about this topic at these CNP Expo Education Sessions in Orlando, FL from May 22-25, 2017.

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