Merchant Link SecurityCents

A blog that comments on the latest developments in the world of payments, payment data security and technology, PCI compliance, and more.

By Beth McGarrity

Here on SecurityCents, we are often blogging about attacks on restaurants, retail or lodging where the attacker has one main purpose:  stealing payment information for monetary gain.  But as we’ve seen during recent months, the attackers’ motive is shifting and evolving.

Just ask Sony

Or the CIA and FBI

Or Mastercard and Visa

Each of these organizations have been faced with a different sort of attack during the year where groups like Anonymous and Lulz Security have attacked servers to bring down the site and embarrass the organization for lack of security controls.

It may be different than the stories we’ve told in the past, but the moral of the story is the same.  And these new threats shouldn’t detract from what we already know.

The focus on stealing payment data has not been lost.  A few months back, Citigroup disclosed that over 210,000 accounts in North America alone were breached and information was stolen.  It was one of the most significant attacks on a financial institution.

So while the rise of hactivism is currently in the spotlight, don’t forget that cyber criminals who are seeking monetary gain continue to lurk in the shadows, slowly and consistently tapping into networks and determining the vulnerabilities that exist and can be exploited.  It is critical that merchants continue to stand guard and ensure that they have the security controls in place to protect customer payment data.

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Written by Merchant Link Staff

Merchant Link Staff

Merchant Link’s SecurityCents blog is essential reading for merchants in the retail, lodging, and restaurant industries looking to secure their customers’ credit card data. Check the blog regularly to read what our industry experts have to say about the latest developments in the world of payments, payment data security and technology, PCI compliance, and more. We invite you to leave comments and share your insights and opinions.

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