Fergie's Tech Blog

ATM Theft Investigators Eye Software Flaw

Bob Sullivan writes on MSNBC:

U.S. retailers are being warned that software they use at checkout counters may store too much customer information — including customer debit card PIN numbers that are supposed to be immediately erased or encrypted.

And to make matters worse, researchers believe that hackers can sometimes pluck the valuable data right out of thin air, thanks to insecure wireless networks at some stores.

The warning comes as investigators try to find the origin of a data leak that has led to thousand of thefts from consumer bank accounts through fraudulent ATM withdrawals from as far away as Russia.

posted by Fergie @ 3/23/2006 05:42:00 AM