Attackers are able to easily monetize stolen credit card data
When consumers make purchases from a retailer, the transaction is processed through Point-of-Sale (PoS) systems. When a credit or debit card is used, a PoS system is used to read the information stored on the magnetic stripe on the back of the credit card. Once this information gets stolen from a merchant, it can be encoded into a magnetic stripe and used with a new card. Criminal markets exist for this valuable information because the attackers are able to easily monetize stolen credit card data. Incidents involving PoS malware have been on the rise, affecting many large organizations as well as small mom-and-pop establishments and garnering a lot of media attention. The presence of large amounts of financial and personal information ensures that these companies and their retail PoS systems will remain attractive targets.