In a recent report, the FBI said it identified about 20 hacking instances in the past year that used "memory-parsing" malicious software to attack point-of-sale systems such as cash registers and card-swiping machines. In most cases, the software used for these POS attacks was installed remotely, allowing hackers to extract information from payment card magnetic stripes such as account numbers, PINs, and personal information while in the computer's live memory, where it very briefly appears in plain text. Some versions sold on the black market even included an option that allowed for "remote upgrades" to make it even harder for corporate security teams to identify and stop attacks.
Cyber criminals are continuing to exploit vulnerabilities in computer devices, and the people who use them. Consumers and business leaders must be diligent in guarding against these scams. IDentity Theft 911, a provider of data risk and identity management services, has identified the top cyber scams to expect this year.