ANZ Dashboard Digest

Audits Reveal Businesses Are At Risk of Fraud

FINANCIAL PRIVACY—AUSTRALIA & NEW ZEALAND

September 30, 2011

SC Magazine reports that Australia and New Zealand's 40,000 small- and medium-sized businesses are at highest risk to be victims of fraud. That's according to Visa, which found in biannual audits that most at risk are businesses such as independent supermarket chains, clubs and restaurants that process point-of-sale credit card transactions through backroom servers--hacker favorites because they are easy to crack, the report states. A Visa spokesman said merchants may have integrated systems years ago--some before PCI DSS standards--that are no longer up-to-date, while cybercriminals have moved forward. Businesses with the most unsecure networks were those with WiFi and Bluetooth networks, the report states.
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