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Point-of-sale machines a growing magnet for identity thieves

Posted on September 13, 2010 by Dissent

Laura Baziak reports that theft of POS touch screens is increasing in Canada as thieves look for an easy way to get any card data stored on the device:

…. Farahbakhchian said theft of all point-of-sale machines has been a steady problem in B.C. for the past three years.

He said he hasn’t seen a rise in touch-screen thefts specifically, but Paul Needham, vice-president of operations at Vivonet, has.

“We’re seeing more in the last year than we used to see,” Needham said. His company sells point-of-sale systems to thousands of restaurants around B.C. and Alberta.

“Year to date, there’s nine terminals and one pin pad [stolen],” Needham said.

Abbotsford criminals have gone so far as to issue a bounty for stolen touch screens, police spokesman Const. Ian MacDonald said.

“It’s a real niche. It’s an organized crime segment that’s targeting these kind of things,” he said.

Read more on The Province.

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Category: ID TheftNon-U.S.Theft

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