It has been reported that Burgerville says thousands of customers’ credit and debit card information may have been compromised during a cyberattack it learned of in late August. The Vancouver-based fast-food chain says anyone who used plastic at its restaurants between September 2017 through last week should carefully watch their card statements for unauthorised charges.
Ryan Wilk, VP of Customer Success at NuData Security:
“Cybercriminals are always hungry for credit card numbers and personal information. Unfortunately, from the moment a breach occurs until it is discovered, cybercriminals have ample time to broker the stolen data, leaving customers open to the impacts of identity theft. This is the type of breach that fosters fraudulent card-not-present (CNP) transactions. It is so lucrative that analyst firm Juniper Research forecasts CNP fraud to hit $71 billion over the next five years, as it is an easy way for cybercriminals to access money, products, and services. After a breach occurs and data is stolen, the heart of the problem is differentiating real customers from imposters who have the stolen credentials. To identify these imposters, companies are implementing multi-layered solutions that protect CNP transactions. This security approach includes passive biometrics and behavioral analytics layers that prevent an online illegitimate transaction even if the imposter is using correct user credentials.”