Retail losses in the form of stolen, damaged, or lost merchandise and transaction fraud as a percentage of sales continue to occupy a sizeable share of the cost of operations for retailers.
POS is system for shopping online or offline. Usually e-tailings use POS system for doing transactions.
POS terminals that read credit card information, perform card transactions and receive the confirmation code make attractive targets for hackers, that’s because POS terminals often store a relatively high volume of easily accessible credit card data.
Eighty five percent of retailers have identified point-of-sale, low visibility shopping aisles and the backroom (inventory storage area) as high risk locations for loss prevention incidences.
These locations are the most likely breeding grounds for internal and external merchandise theft, illicit POS data access, and customer transaction fraud.
The initial authentication can be bypassed, and after bypassing the authentication an attacker is given direct access to financial transaction information. This is the way that hackers usually access to the POS. This cybercrime can be discuss with Computer Crimes Act 1997 (CCA 1997).
Unauthorized access to computer material
3. (1) A person shall be guilty of an offence if (a) he causes a computer to perform any function with intent to secure access to any program or data held in any computer;
It is also can be discuss with section 5, also. It is depend one is he modify or not.
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