POS

  • Policemen have arrested a Point-of-Sale (POS) operator who reportedly went on a spending spree after N280m was erroneously transferred to his account by a commercial bank. The POS operator identified as Alfa Rafiu was arrested by the police on Monday in Ilorin, Kwara State capital. PUNCH Metro gathered that the suspect is a resident of…

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  • Point-of-sale (POS) malware is software specifically created to steal customer data, particularly from electronic payment cards like debit and credit cards and from POS machines in retail stores. POS malware does this by scraping the temporarily unencrypted card data from the POS’s memory (RAM), writing it to a text file, and then either sending it…

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