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.
Headquartered in Shenzhen, China, PAX Technology Inc. has more than 60 million point-of-sale terminals in use throughout 120 countries.
Based WOKV.com reported that agents with the FBI and Department of Homeland Security had raided a local PAX Technology warehouse.
Several days ago, KrebsOnSecurity heard from a trusted source that the FBI began investigating PAX after a major U.S. payment processor started asking questions about unusual network packets originating from the company's payment terminals.
"A major US payment processor began asking questions about network packets originating from PAX terminals and were not given any good answers."
The source said two major financial providers - one in the United States and one in the United Kingdom - had already begun pulling PAX terminals from their payment infrastructure, a claim that was verified by two different sources.
The investigation into PAX Technology comes at a dicey time for retailers, many of whom are gearing up for the busy holiday shopping season.
https://krebsonsecurity.com/2021/10/fbi-raids-chinese-point-of-sale-giant-pax-technology/
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