South African banks in massive credit card data breach

“A variant of malware – short for malicious software – called Dexter, inserted into point-of-sale (POS) devices at South African fast-food outlets, has cost local banks tens of millions of rand in what is being described as one of the worst breaches of customer card data in the country’s history.  South Africa’s banks have suffered tens of millions of rand in losses due to a major breach of customer card data by criminal syndicates that infected electronic POS devices using a variant of malicious software called Dexter.  It’s not known exactly how many POS devices were infected by the malware, but the problem is believed to have been widespread in the fast-food industry.”

http://mg.co.za/article/2013-10-15-sa-banks-in-massive-data-breach

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