The company also has completed a payment security project that provides encryption of payment data at the point-of-sale in the company’s US stores, offering protection for customers. Roll-out of encryption to Canadian stores will be complete by early 2015. Canadian stores are already enabled with EMV chip-and-PIN technology.
The company’s investigation has determined the following: criminals used unique, custom-built malware to evade detection and the cyber-attack is estimated to have put payment card information at risk for approximately 56 million unique payment cards.
To protect customer data until the malware was eliminated, any terminals identified with malware were taken out of service, and the company quickly put in place other security features. The hackers’ method of entry has been closed off, the malware has been eliminated from the company’s systems, and the company has rolled out enhanced encryption of payment data to all US stores.
The company’s new payment security protection locks down payment data through encryption, which takes raw payment card information and scrambles it to make it unreadable and virtually useless to hackers.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.