Cashregisters.net Cautions the General Public About the ModPOS Malware That Could Steal Credit Card Data

Based on the reports, the ModPOS malware has the capability to steal card numbers, record keystrokes, as well as steal network organizational passwords so that attackers could remotely install other malware. This malware is not simple because it is highly customizable for specific targets and what’s worse is that it is not restricted to just retail cash register transactions, but can hit any business that uses the POS system.

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Los Angeles, CA -- (SBWire) -- 12/09/2015 --Local stores all over the world have thrived with the use of cash registers in keeping track of the records of the sales and receipts. Cash registers have evolved from the antique National brand crank-operated cash register to one of the latest models which are the SAM4s ER-920 Cash Register. These innovative gadgets have effectively provided local business owners prompt and error-free computations throughout the years and have protected sales money with the use of an attached cash compartment that could hardly be noticed by thieves.

Modern cash registers come with different features to ensure effective inventory and outright pricing with just a hit of the codes or with the help of a scanner. These have truly brought convenience not only to the owners of local stores but as well as for the customers. Some of the newest types of cash registers could even debit payments from ATMs and credit cards which make payment a lot easier and safer for the customers because they don't have to carry cash all the time.

People have gotten really confident and secured using their credit cards in making purchases, however, there has been controversies going around about the malware that has been creeping around these modern cash registers that have been created to perform massive data theft.

The said malware is coined as ModPOS because of its modular design and there have been reports that it has infected the POS or the point-of-sale payment card reader for over a year since 2014. This malware is very hard to detect and there have been countless businesses including hotels, retailers, and even hospitals that are infected and the owners of these establishments may not even be aware of it.

Based on the reports, the ModPOS malware has the capability to steal card numbers, record keystrokes, as well as steal network organizational passwords so that attackers could remotely install other malware. This malware is not simple because it is highly customizable for specific targets and what's worse is that it is not restricted to just retail cash register transactions, but can hit any business that uses the POS system.

Even with the latest fraud protected "chip-and-PIN" credit cards, the public is still being warned about the ModPOS malware because even these new types of credits cards may also be vulnerable. EMV cards are almost impossible to clone and replicate but the data stolen from these cards could still be used in committing online fraud.

About CashRegisters.Net
CashRegisters.Net is one of the leading online providers of cash registers and parts in the US.

Contact:
Dimitry Vital
PR and Marketing @ Cash Registers
Telephone No.: 800-700-9913
Website: http://www.cashregisters.net

Media Relations Contact

Galin Georgiev
800-700-9913
https://cashregisters.net/

View this press release online at: http://rwire.com/648020