Security News > 2021 > October > Warehouse belonging to Chinese payment terminal manufacturer raided by FBI

Warehouse belonging to Chinese payment terminal manufacturer raided by FBI
2021-10-27 09:41

US feds were spotted raiding a warehouse belonging to Chinese payment terminal manufacturer PAX Technology in Jacksonville, Florida, on Tuesday, with speculation abounding that the machines contained preinstalled malware.

PAX Technology is headquartered in Shenzhen, China, and is one of the largest electronic payment providers in the world.

Security buff Brian Krebs reported that the raid could be tied to cyberattacks on the US and EU, tipped off by a major US payment processor who noticed the technology displaying suspicious behaviour.

According to Krebs, a major financial provider in the US and in EU has already started pulling the machines and it's not just the FBI investigating - MI5 is looking into the matter too.

With PoS machines everywhere, it's easy to overlook that the machines are computers with points of vulnerability.

In 2014, Target lost control of up to 70 million US shopper's data and 40 million credit and debit cards due to an attack on their payment systems.


News URL

https://go.theregister.com/feed/www.theregister.com/2021/10/27/pax_technology_warehouse_raid/