Publicly traded Pax Technology is the fifth largest manufacturer worldwide of POS terminals. Last month, the United States Department of the Treasury’s Office of Cybersecurity & Critical Infrastructure Protection (OCCIP) was made aware that some Pax terminals deployed in the U.S. potentially posed a risk to the confidentiality of customer data. OCCIP was informed by “Treasury partners” that laboratory tests indicated the Android-based devices transmitted encrypted data to unknown domains in China and that this data was considered to be superfluous to normal payment transaction pro...