Hackers stole passwords for accessing 140,000 payment terminals manufactured by Wiseasy

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Hackers had access to dashboards used to remotely manage and control thousands of credit card payment terminals manufactured by digital payments giant Wiseasy.

Wiseasy is a well-known Android-based payment terminal manufacturer that is used in restaurants, hotels, retail outlets, and schools throughout the Asia-Pacific region. Wiseeasy’s Wisecloud cloud service allows it to remotely manage, configure, and update customer terminals via the internet. Youssef Mohamed, chief technology officer at pen-testing and dark web monitoring startup Buguard, told TechCrunch that malware on the employees’ computers stole the passwords. According to Mohamed, two cloud dashboards were exposed, but neither was protected with basic security features such as two-factor authentication, allowing hackers to access nearly 140,000 Wiseasy payment terminals worldwide. Financially motivated hackers frequently target payment systems with the goal of skimming credit card numbers and committing fraud.

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Hackers stole passwords for accessing 140,000 payment terminals manufactured by Wiseasy

Hackers had access to dashboards used to remotely manage and control thousands of credit card payment terminals manufactured by digital payments giant Wiseasy.

Wiseasy is a well-known Android-based payment terminal manufacturer that is used in restaurants, hotels, retail outlets, and schools throughout the Asia-Pacific region. Wiseeasy’s Wisecloud cloud service allows it to remotely manage, configure, and update customer terminals via the internet. Youssef Mohamed, chief technology officer at pen-testing and dark web monitoring startup Buguard, told TechCrunch that malware on the employees’ computers stole the passwords. According to Mohamed, two cloud dashboards were exposed, but neither was protected with basic security features such as two-factor authentication, allowing hackers to access nearly 140,000 Wiseasy payment terminals worldwide. Financially motivated hackers frequently target payment systems with the goal of skimming credit card numbers and committing fraud.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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