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Trend Micro : SMBs attacked the most with 45% of PoS malware detection in Q3, 2015 [Report]

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Malware attacks in Point-of-Sale has been there for a while but most interesting is that cyber-criminals have shifted from using targeted-attacking format to traditional mass-infection tools like spam, bot nets & exploit kits.

Note – In the article, We refers to Trend Micro

According to TrendLabs, attackers went after as many vulnerable PoS devices as possible in hopes of hitting the jackpot. They relied on tried-and-tested tactics like spamming as well as tools like macro malware, exploit kits, and bot nets. They must have done something right because the PoS malware detection volume grew 66% Q1-Q3. SMB’s, which had poorer protections in place compared with large enterprises, suffered most.

SMB’s proved lucrative and easy point-of-sale [PoS] malware attack targets this quarter. This could be due to the extensive customer databases they keep with minimal to non-existent security. We’ll likely see more of such attacks in the future. The slow adoption of next-generation payment technologies like the Europay, MasterCard, and Visa [EMV] and contact less Radio-Frequency-Identification [RFID] – enabled credit cards, mobile wallets (Apple Pay & Android Pay] and new payment-processing architectures could also adversely affect the security landscape.

About Trend Micro

Trend Micro Incorporated, a global leader in security software, strives to make the world safe for exchanging digital information. Trend Micro enables the smart protection of information, with innovative security technology that is simple to deploy and manage, and fits an evolving ecosystem. Their solutions are powered by cloud-based global threat intelligence, the Trend Micro™ Smart Protection Network™ infrastructure & are supported by more than 1,200 threat experts around the globe.  For more information, visit TrendMicro