1.16 million more reasons why Apple Pay is the future: Staples’ security breach payment card debacle

“Office-supply retailer Staples Inc. said about 1.16 million payment cards might have been affected by the data breach announced in October,” Yashaswini Swamynathan reports for Reuters.

“An investigation by external data security experts showed that criminals deployed malware to some point-of-sales systems at 115 U.S. stores, Staples said,” Swamynathan reports. “At 113 stores, the malware may have allowed access to data for purchases from Aug. 10 through Sept. 16. At two stores, the access may have been for purchases from July 20 through Sept. 16.”

“Staples became the latest U.S. retailer to combat security data breaches after Sears Holdings Corp. said in October it was the victim of a cyberattack that likely resulted in the theft of some customer payment cards at its Kmart stores,” Swamynathan reports. “The company said it has since eradicated the malware.”

Read more in the full article here.

Related articles:
What Apple Pay means to Bank of America: Security – November 6, 2014
Apple Pay is nirvana for (smart) retailers – November 6, 2014
Entrepreneur warns retailers, restaurants, bars: Do not wait, jump on the Apple Pay bandwagon ASAP – November 5, 2014
Apple Pay fuels usage of long-moribund Google Wallet – November 5, 2014
After CVS and Rite Aid blocked Apple Pay, Schubert law firm launches antitrust investigation – November 4, 2014
Sorry, Walmart, CVS, Rite-Aid et al. — Apple Pay and NFC have already won – November 4, 2014

16 Comments

      1. Is cash accepted everywhere? No, you will find exceptions to that rule.

        Cash can be stolen by a mugger.

        What if you are carrying a large amount of cash and get stopped for a traffic infraction? The cops might confiscate the cash as indicative of drug smuggling or whatever. Good luck with your efforts to get it back.

          1. You are correct, of course.

            But Apple Pay only works with your fingertip on the phone sensor.

            Cash doesn’t require that.

            Also, cash has no “find my iphone”-like feature.

  1. I have been using ApplePay since it’s release at Staples, Whole Foods, Stater Brothers, and Macy’s. It has worked flawlessly and the clerks love it because it is so fast. I have also done a couple of merchandise returns that were completed without any problems.

    Bottomline- 1.6 million reasons for ApplePay is just the beginning. Personally I think ApplePay will be the “sleeper cell” money maker that will bring more folks to the Apple ecosystem out of a urgent security necessity.
    As for SamDung and Google Wallet etc etc etc….those systems have been klunky and the finger ID systems suck.

      1. Yes, Tod, but the framing of your question, which implies that one would take on the monthly payments for an iPhone just for Apple Pay is wrong. If you can assume that the individual has already made the decision to get a cell phone, then the availability of Apple Pay, which is unique to the iPhone, could conceivably be the deciding factor for some people to choose it over a competing cell phone brand.

        1. Bryan. orenokoto clearly stated, “Apple Pay is THE thing making me get my first iPhone.” No need to imply or assume anything. Bryan was crystal clear — he is buying his FIRST iPhone so he can use Apple Pay. In any other context I would agree with you, but not in this one.

  2. Keep in mind that the TYPE of card used in these Windows XP Embedded POS (point of sale) device breaches has NOTHING to do with the problem. The problem specifically is:
    1) Windows XP Embedded is so easy to hack.
    2) Once the card (of any type) is read, the data is stored IN THE CLEAR inside the RAM of the device, easily read and then transferred to hackers by the POS malware.

    That’s the story! The only solution is to destroy the Windows Embedded POS machine. The end. Everything else being said about the matter is faerie tales.

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