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FBI warns of future cyber attacks targeting retail stores

The FBI believes other retailers will be hit with malware-related data breaches, potentially affecting millions of shoppers.

Published Fri, Jan 24 2014 12:15 PM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

After a handful of high-profile malware attacks targeting retail point-of-sale, the FBI identified around 20 similar hacking cases over the past 12 months.

FBI warns of future cyber attacks targeting retail stores | TweakTown.com

Dubbed the "Recent Cyber Intrusion Events Directed Towards Retail Firms," which was dated January 17, and is a shocking wake up call for retailers, credit card and banking executives trying to protect consumers.

"We believe POS malware crime will continue to grow over the near term, despite law enforcement and security firms' actions to mitigate it," the FBI noted in a recent report. "The accessibility of the malware on underground forums, the affordability of the software and the huge potential profits to be made from retail POS systems in the United States make this type of financially motivated cyber crime attractive to a wide range of actors."

Target continues to combat a public relations nightmare after 70+ million customers were affected, while Neiman Marcus also is battling a recent data breach that has led to fraudulent credit and debit card charges.

NEWS SOURCE:chicagotribune.com

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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