White Paper
PIN Pad Best Practices And PED Physical Security
Retailers are facing a new and growing threat. Locked out of the payments chain by EMV and encryption, today's criminals are now turning to the Payment Entry Device (PED) itself. Fraudsters can steal and re-engineer PEDs before re-installing them into retail outlets, such as supermarkets and petrol stations, often in collusion with a staff member. They can then capture and transmit card details and PINs to create fake cards for use at home or abroad.
The negative publicity, damage and cost that can result from PED theft and subsequent customer data fraud, is considerable. Indeed, the threat is so great that some retailers have already received a recommendation to improve physical PED security by tethering and locking their PED assets.
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