Vulnerable shopping carts lead to $26 million card theft Down Under

According to the Australian Federal Police, it would appear that at least half a million credit cards 'down under' have been compromised and funds in excess of AUS $25 million (US $26 million) stolen. Although precise details are still coming in, it would seem likely that nothing more complicated than a bit of simple scanning for point of sale terminals which looked vulnerable was used to locate potential victims in the small retailer market rather than run the greater risk of detection by targeting banks or bigger business. Lessons learned from the Subway caper in the US last year no doubt. Then, credit card processing systems at Subway chains were compromised, and eventually four Romanians were arrested and charged with obtaining millions of Dollars through fraudulent means that involved around 80,000 cards.