in 2018 for more than $1.6 billion. The Magecart name for this type of attack comes from Magento but can refer to attacks on other software as well.
"If you are a company that has a heavy volume of credit card numbers being inputted into your website, at that point, you're probably at a higher risk," said Herb Stapleton, section chief for the FBI's cyber division. "Now one thing about those types of companies is often they have more resources to invest in cybersecurity measures.
"Cybercriminals have a harder time now stealing the credit card information from cash registers or point-of-sale terminals. That's where you physically swipe your card or you dip the chip cards. The reason is because the technology for those point-of-sale systems has become better," said Binary Defense's Pargman.
In order to protect themselves, Pargman says companies need to stay on top of system updates and monitor their servers.
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