South Korean Breach Exposes Over 1 Million Payment Cards

[correlate]

Level 18
Thread author
Top Poster
Well-known
May 4, 2019
801
Key Findings
  • While the entire Asia Pacific (APAC) region is experiencing a noticeable uptick in attacks against brick-and-mortar and e-commerce businesses, South Korea has emerged as the largest victim of Card Present (CP) data theft by a wide margin.
  • Gemini Advisory observed a spike in South Korean-issued CP records that currently consists of over 1 million records posted for sale in the dark web since May 29, 2019.
  • While the exact compromised point of purchase (CPP) remains unclear, these records may have been obtained from the breach of a parent company that operates several different businesses in a variety of locations. It is also possible that a point-of-sale (POS) integrator was breached, allowing a threat actor access to a single integrator service that interfaces with many merchants.
  • As the global trend towards increasingly targeting non-Western countries continues, Gemini Advisory assesses with a moderate degree of confidence that both the supply and demand for South Korean-issued CP records in the dark web will likely increase.
 

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.

Top