Home / News / Software News / Apple Pay to trigger massive rise in payment system attacks

Apple Pay to trigger massive rise in payment system attacks

by

apple pay

Russian security firm Kaspersky has released its predictions for 2015 and, as you'd expect, the outlook is pretty grim.

The company says that digital payment systems, especially Apple Pay, which went live in the US in October but is set for a European launch next year, to attract plenty of attention from consumers and cybercriminals alike.

Such products have long been obvious targets for hackers, but Kaspersky reckons that Apple’s own release will make 2015 one the most devastating years for these attacks yet.

"Previous attacks have focused on NFC payment systems but, thanks to limited adoption, these have reaped limited rewards,” reads the report. “Apple Pay is bound to change that. The enthusiasm over this new payment platform is going to drive adoption through the roof and that will inevitably attract many cyber criminals looking to reap the rewards of these transactions."

Kaspersky believes that banks, Internet of Things-enabled devices and smart TVs will be increasingly in the firing line too.

Again concerning Apple, the company expects a rise in the distribution of OS X malware on torrent sites and, following the chaos that surrounded the Heartbleed bug earlier this year, Kaspersky says that 2015 will feature another major "bleed" of sorts.

Read More: What is Apple Pay? A guide to mobile payments on the iPhone 6 and Apple Watch

Via: Kaspersky

Everlast

December 1, 2014, 5:37 pm

Thanks for the warning, Kaspersky, I am very concerned with my security now and promise to buy your product.
/sarcasm

Prem Desai

December 2, 2014, 7:24 am

Hardly surprising really. Where there is a quick buck to be made, these scum-bags will be there.

I don't know if the security behind Apple Pay is any less secure then other NFC solutions (which are not very secure in the first place), but either way, Apple users beware because there will be a lot more malware, viruses, etc aimed at Apple users including osx.

comments powered by Disqus