Mentioned Companies:

Pax Technology Investigated in the U.S.

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...

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November 2021
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