MCX’s CurrentC payment system, the alternative to Apple Pay backed by Walmart, Best Buy, CVS, Rite Aid, Gap, and others, was hacked today. Reports indicate the data breach involves the theft of email addresses of early beta participants and others who expressed interest in testing the new mobile payment system. No word yet on how the email addresses were stolen but you have to assume it was a backend-database penetration. If the culprits don’t already have the unencrypted login information, they soon will as soon as their phishing campaign begins targeting these users.
Rough start for Apple Pay alternative - CurrentC mobile payment data systems hacked today
Wednesday, October 29, 2014
Rough start for Apple Pay alternative - CurrentC mobile payment data systems hacked today
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