Cyber Risks · Krebs on Security

Noodles & Company Probes Breach Claims

Summary: Noodles & Company, a fast-casual chain with more than 500 stores in 35 states, said it hired outside investigators after its credit card processor reported unusual activity on May 16, 2016, and KrebsOnSecurity sources at multiple financial institutions described fraudulent charges on cards used at its locations from January 2016 onward. The company said it alerted law enforcement and is working with third-party forensic experts while testing and implementing chip-based card readers.

What's compelling: The reported fraud pattern runs from January 2016 to the present across multiple locations, and the article notes that merchants still accepting magnetic-stripe swipes or lacking chip readers can be held liable for transactions later found fraudulent.

Read the original at Krebs on Security ↗

Topics
Phishing & Social Engineering
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