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unencrypted retail pos system cited in forever 21 breach

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<p>The company announced last week that since March to October 2017, clothing retailer Forever 21 has suffered POS system violations in an undisclosed number of stores. </p><p>A Forever 21 vulnerability was discovered by a third party and hackers attacked it using an unencrypted POS system. </p><p>Two main lessons can be learned from the default of Forever 21. </p><p>First, pci dss compliance is critical for anyone who accepts or processes payment cards, and second, neither Retail nor other organizations can relax their vigilance during the winter break. </p><p>There is still a lack of pci dss compliance; </p><p>Automation can help any organization that accepts, processes or stores payment cards for major credit card brands to comply with pci dss is mandatory. </p><p>Penalties for breach of pci dss are severe. </p><p>Credit card companies that authorize pci dss may impose a fine of up to tens or even tens of thousands of dollars, and if a company is unable to pay the fine, they will no longer be able to accept the cards. </p><p>Organizations that violate pci dss may also violate national data privacy laws, many of which reflect the requirements of pci dss. </p><p>There is then a direct and indirect cost of responding to a breach, including a defense of a civil suit filed by angry consumers. </p><p>Violating pci dss is not worth the risk at all. </p><p>However, according to the Verizon 2017 payment security report, only more than half of the evaluation business (55. 4%)</p><p>Fully compliant with pci dss. </p><p>Although this has increased since 2015 when it was only 48 years old. </p><p>4% is compliant, which means that almost half of the organizations that accept credit cards violate pci dss. </p><p>In addition, Verizon reported that none of the nearly 2016 payment card violations investigated between 2010 and 300 fully met the requirements in case of violations. </p><p>The point here is that while compliance with pci dss does not guarantee that the company's POS system will not be violated, compliance is the basis for active network security. </p><p>Everything else crashed without it. </p><p>While violations by Forever 21 are still under investigation, the fact that some stores in the chain do not encrypt cardholder data suggests pci dss violations. </p><p>It should be noted that some stores in Forever 21 have been affected. </p><p>Large retail chains often struggle to maintain pci dss compliance across all locations, especially if they do not automate processes using GRC software solutions. </p><p>The retail data environment is very complex, involving multiple systems in dozens, hundreds or even thousands of locations, from HR and payroll systems to internal</p><p>Store POS terminals to e-commerce websites. </p><p>GRC software automates compliance processes and integrates IT governance, policy management, risk management, compliance management, audit management and event management across the enterprise. </p><p>This connects all the networks and systems of the retailer and prevents situations like "Forever 21" in which the POS systems of some stores are protected,</p><p>Hackers will not take time off. When the holiday shopping season is about to begin this year, people disclosed the forever violation, when consumers flockedand-</p><p>Mortar shops and e-commerce sites, as well as cyber criminals trying to steal payment card information, tend to upgrade their games. </p><p>However, just because your company is not operating in retail does not mean that you may be lax about cyber security between Thanksgiving and the new year. </p><p>The NotPetya attack that hit Ukraine last summer was to take advantage of the country's national day, when hackers knew many businesses would be short --</p><p>Staff were provided and they were not given the attention they deserved. </p><p>Cyber criminals know many American businesses. S. </p><p>During the holiday celebration, handle the employee's holiday and may work for a limited period of time to let them relax their vigilance during the winter vacation. </p><p>Los Angeles Valley College suffered a massive ransomware attack on New Year's Eve, paralyzing all its systems; </p><p>The school finally paid more than $28,000 in ransom to return. </p><p>Not only will your company be hacked during the holidays, but when hackers think you don't look, they are now more likely to try to attack you. </p><p>Enjoy the holidays, but don't let cyber criminals destroy egg wine; </p><p>Continue to stick to the same proactive cybersecurity measures you have taken for the rest of the year.</p>

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