security FBI Raids Chinese Point-of-Sale Giant PAX Technology

[Future Sensors]

FBI Raids Chinese Point-of-Sale Giant PAX Technology

U.S. federal investigators today raided the Florida offices of PAX Technology, a Chinese provider of point-of-sale devices used by millions of businesses and retailers globally. KrebsOnSecurity has learned the raid is tied to reports that PAX’s systems may have been involved in cyberattacks on U.S. and E.U. organizations.​

Read more:

https://krebsonsecurity.com/2021/10/fbi-raids-chinese-point-of-sale-giant-pax-technology/

https://en.wikipedia.org/wiki/PAX_Technology

https://www.paxtechnology.com/

 

[Future Sensors]

FIS's Worldpay Replaces PAX Terminals Over Security Concerns

FIS’s online-payments processing unit has begun replacing terminals made by PAX Global Technology Ltd. due to concerns about their security, according to messages reviewed by Bloomberg News and people familiar with the matter.​

Read more:

https://www.bloomberg.com/news/arti...eplacing-pax-terminals-over-security-concerns

https://en.wikipedia.org/wiki/FIS_(company)

https://www.fisglobal.com/en/merchant-solutions-worldpay

 

[Future Sensors]

PAX Security Executive Resigns a Day After FBI Raids on Offices

A senior executive overseeing security at PAX Technology said she resigned, following multiple raids by U.S. investigators at the company’s Florida locations.​

Read more:

https://www.bloomberg.com/news/arti...tive-resigns-a-day-after-fbi-raids-on-offices

 

[Future Sensors]

Source: https://www.reuters.com/companies/0327.HK/