Breach Brief – Verifone

Published On March 14, 2017 | By Tom Huskerson | Breach Briefs

Verifonethe largest maker of payment terminals, reported it is investigating a data breach of its systems. The company provides terminals and services to merchants that allow consumers to swipe credit and debit card. The terminals can be found at a variety of businesses, including retailers, taxis, and gas stations. Verifone claims the hack was contained to its corporate networks.

An urgent email was sent to all company employees and contractors on January 23rd. The email warned them to change their company passwords within 24 hours. Employees were also notified that installing software of any kind on company computers and laptops was no longer permitted. Verifone has not said what or how much data was possibly compromised or when the breach occured.

Verifone was notified by credit card providers Visa and Mastercard a few days prior to Verifone’s employee alert. 

According to Verifone about two dozen point-of-sale payment systems at gas stations were targeted. However the situation could be more serious. Experts say that such small intrusions into payment systems are a precursor to larger attacks. Cyber criminals may have learned enough about Verifone to attack the payment systems at a later date. Sometimes months or years later. This leaves many consumers open to being victimized. 

The company operates in 150 countries and employs 5,000 people. 

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About The Author

Tom Huskerson Bio Born in Richmond Virginia Tom Huskerson is a military veteran who settled in California after his discharge. He attended Santa Barbara City College where he began his writing career as a campus reporter. He worked as an intern news reporter for the Santa Barbara News-Press writing feature stories before moving on to San Francisco. At San Francisco State University Tom studied broadcast communications and began to focus on the Internet. He completed his graduate thesis on Internet advertising. Tom was the first student to ever focus on the Internet as a graduate student at San Francisco State University. After graduation he went to work for Zona Research in California’s Silicone Valley. As a research associate Tom supported senior analyst writing on the latest developments in the Internet industry. During the dot com boom Tom worked for several web businesses as a market researcher and analyst. As a writer and researcher Tom has authored various technical works including a training program for Charles Schwab security. Other projects included professional presentations on workplace violence and hiring security contractors. Tom has returned to focus on writing both fiction and non-fiction works and blogging for a travel website. He has published two books of short stories and completed two novels. Tom is the owner of Scribe of Life Literature and EbonyCandle. Most recently Tom has launched the blog African American Cyber Report. The blog is the result of his desire to inform the African American community of the dangers and benefits of the cyber age. In his blog Tom reports on information security, new and analysis, scams and hoaxes, legal happenings and various topics that arise from the age of information. Tom believes that technology is a necessary tool for black people and they should know what is happening. Tom writes believing that techno speak is for the professional and that valuable information can be communicated using plain language. As a result he has embraced the motto, Less Tech, More Knowledge.

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