Pauls Valley, OK, Pauls Valley Democrat

Community News Network

January 17, 2014

Hackers probably attacked companies beyond Target, report says

WASHINGTON — Hacking attacks like those that siphoned credit-card data from Target and Neiman Marcus are probably part of an unprecedented assault on a larger number of retailers, according to a security company working with the government.

The assaults on retailers may involve multiple groups of hackers who appear to be working from a sophisticated piece of software code that began circulating on underground websites last June, iSIGHT Partners, a Dallas, Texas-based security company that tracks cyber criminals, said in a report.

The report doesn't say whether the software, dubbed Kaptoxa, was used in the theft of as many as 40 million customer credit and debit card accounts from Target. A person briefed on the investigation, who asked not to be identified because the matter is confidential, said Kaptoxa is the same software that infected Target. Molly Snyder, a spokeswoman for Target, declined to comment.

"We haven't seen the last of this," said iSIGHT Chief Executive Officer John Watters in an interview. "Now it's a race to the bank with the criminals rushing to hijack the data and convert it into criminal gain before the door to profitability is closed."

The iSIGHT report said the scale and sophistication of the campaign against retailers' point of sale systems — the terminals on which customers swipe credit and debit cards — may be the largest ever seen, escaping elaborate industry efforts to secure a system that processes more than $3.3 trillion in U.S. transactions annually.

Target, the second-largest U.S. discount chain, has said the theft of customer data may have affected anyone who provided it basic information over the past several years. In December, the company said credit- and debit-card data for as many as 40 million people who shopped in its stores between Nov. 27 and Dec. 15 may have been compromised. Earlier this month, the company said the thieves also got access to the names, phone numbers and home and e-mail addresses of as many 70 million people.

Text Only
Community News Network
Business Marquee

e-Edition
  • How You Want It When You Want It Today's Pauls Valley Democrat

    Now you can view and download the Democrat right to your desktop on the day the paper is published. Click here to get more information on the Democrat's e-Edition.

     

    CLICK HERE TO ACCESS THE E-EDITION SITE

     

    ATTENTION CURRENT DEMOCRAT SUBSCRIBERS TO START an e-EDITION

    e-mail request to sjohnson@pvdemocrat.com

    April 20, 2011 1 Photo 1 Link

AP Video
Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow Raw: Deadly Tornado Hits Virginia Campground
Stocks
Facebook