Intenrational cyber security firm Kaspersky warns of a new cybercrime.
International cybersecurity firm Kaspersky has uncovered a new malware, Prilex, that can block contactless near-field transactions on hacked points of sale terminals.
According to Kaspersky, Prilex has evolved from previous malware targeting ATMs and is now the most advanced threat to POS systems. “Contactless payment systems such as credit and debit cards, key fobs, and other smart devices, including mobile devices, have traditionally featured radio-frequency identification .”
Because NFC-based transactions generate a unique card number valid for only one transaction, if Prilex detects an NFC-based transaction and blocks it, the PIN pad will show a message stating, “Error, insert card.”