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FIN6 Found as Criminal Gang Stealing Payment Card Data on Weak Pos Systems

Cyber-criminals have made their attacks twofold as they target PoS (point-of-sale) devices in U.S and continue to utilize the transactions based on magnetic-stripe payment cards that provide an opportunity to exploit the vulnerable prone systems.

And though it's not clear what way FIN6 the cyber-criminal gang that seizes credit/debit card information and monetizes it, compromises unwitting users, Threat Intelligence at FireEye in one fresh report stated that in a particular instance, which Mandiant investigated, it was found that one different threat actor at first hijacked a victim PC using GRABNEW malware.

FIN6 is one gang of cyber-criminals, which FireEye traced and found its core activity as grabbing payment card data to churn profit as well as being behind theft of millions of credit and debit card details during 2015 from PoS systems via hacks carried out in the hospitality and retail businesses that the Mandiant team of FireEye later investigated. Darkreading.com posted this April 21, 2016.

The FireEye report is unique because the company's investigation goes beyond technicalities of the attack like the exploits and attack mediums within PoS assaults. Rather it's shown in the report what way, hitherto undocumented, crooks jointly work for reaching inside a network, plant on it malicious software, seize card data followed with selling the same for black money.

The security company would not substantiate what were the latest payment card hacks by FIN6; however, states that the gang continues to remain active and successfully filch bank card information.

Also according to the report, researchers have recognized filched information, actually belonging to many FIN6's victims, getting traded during 2014 that indicates the information possibly ended up within fraudsters' grasp worldwide. Every time, the filched information started getting seen on "dump shops" referring to card stores in 6-months time of a hack's beginning. And soon as it got posted, buyers quickly emerged to exploit it.

The host to these dump shops is Dark Web where stolen data are bought and sold for executing financial fraud activities. Over time, FIN6 was able towards stealing information from 20m credit cards that after the gang sold on dump shops earned it more than $400m.

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