Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Mobile

9/8/2015
04:35 PM
100%
0%

US Secret Service Warns Of Rise In Mobile Payment Fraud

Fraudulent transactions spotted at high-end retailers and banking institutions in the Northeast.

The US Secret Service today issued an advisory warning of a growing wave of incidents exploiting vulnerabilities in the account provisioning and verification processes in near-field communication (NFC)-based mobile payments. 

"Specifically, criminals are using stolen identity information (e.g., credit reports, tax records, healthcare and employee records that contain personally identifiable information) to establish fake accounts on NFC devices and make illicit transactions both online and at 'brick and mortar' retailers. Over the last several months, perpetrators have conducted numerous fraudulent transactions using this particular method of exploitation affecting many high-end retailers and banking institutions across the Northeastern portions of the United States," the agency said today in its advisory, issued in conjunction with the Payment Card Industry (PCI) Security Standards Council.

The Secret Service says banks and credit unions can help prevent phony payment credential use by tightening the process of verifying payment.

Read the full advisory here.

 

 

 

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
chtpl
50%
50%
chtpl,
User Rank: Apprentice
9/21/2015 | 4:55:19 AM
Mobile payment vulnerability
Thank you for sharing this update about mobile payment fraud. As DonB947 has already pointed out, there is an error concerning the link to the full advisory. I got a "File Not Found". Unfortunately there was a mistake in sharing the accurate link also.

Here is the correct link to the .pdf file : www.secretservice.gov/data/press/releases/Final-Version-Mobile-Payment-System-Vulnerability.pdf

 

 
DonB947
50%
50%
DonB947,
User Rank: Apprentice
9/10/2015 | 12:33:04 PM
Link to USSS release is wrong
Here is the accurate link: hxxp://www.secretservice.gov/data/press/releases/Final-Version-Mobile-Payment-System-Vulnerability.pdf
Commentary
Ransomware Is Not the Problem
Adam Shostack, Consultant, Entrepreneur, Technologist, Game Designer,  6/9/2021
Edge-DRsplash-11-edge-ask-the-experts
How Can I Test the Security of My Home-Office Employees' Routers?
John Bock, Senior Research Scientist,  6/7/2021
News
New Ransomware Group Claiming Connection to REvil Gang Surfaces
Jai Vijayan, Contributing Writer,  6/10/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: Google's new See No Evil policy......
Current Issue
The State of Cybersecurity Incident Response
In this report learn how enterprises are building their incident response teams and processes, how they research potential compromises, how they respond to new breaches, and what tools and processes they use to remediate problems and improve their cyber defenses for the future.
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-20466
PUBLISHED: 2021-06-21
White Shark System (WSS) 1.3.2 is vulnerable to unauthorized access via user_edit_password.php, remote attackers can modify the password of any user.
CVE-2020-20467
PUBLISHED: 2021-06-21
White Shark System (WSS) 1.3.2 is vulnerable to sensitive information disclosure via default_task_add.php, remote attackers can exploit the vulnerability to create a task.
CVE-2020-20468
PUBLISHED: 2021-06-21
White Shark System (WSS) 1.3.2 is vulnerable to CSRF. Attackers can use the user_edit_password.php file to modify the user password.
CVE-2021-24368
PUBLISHED: 2021-06-20
The Quiz And Survey Master – Best Quiz, Exam and Survey Plugin WordPress plugin before 7.1.18 did not sanitise or escape its result_id parameter when displaying an existing quiz result page, leading to a reflected Cross-Site Scripting issue. This c...
CVE-2021-31664
PUBLISHED: 2021-06-18
RIOT-OS 2021.01 before commit 44741ff99f7a71df45420635b238b9c22093647a contains a buffer overflow which could allow attackers to obtain sensitive information.