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As China moves to payment cards, cybercriminals follow

Discussion in 'CSO' started by RSS, Nov 24, 2015.

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    RSS New Member Member

    As China increasingly embraces payment cards over cash, Trend Micro is seeing an uptick in cybercriminal activity aimed at card fraud.

    The security company published a new study of the Chinese underground cybercriminal market, which shows a strong interest in ways to capture payment card details.

    "Cybercriminals quickly jumped on the noncash payment bandwagon," wrote report author Lion Gu of Trend Micro's Forward-Looking Threat Research Team.

    [ ALSO ON CSO: The 15 worst data security breaches of the 21st Century ]

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