FBI Raids Chinese Payment-Terminal Company

Law enforcement organizations in the United States have searched the Florida premises of a Chinese payment-terminal service provider.

A warehouse and workplaces belonging to multinational Pax Technology were scoured by the Federal Bureau of Investigation, the Department of Homeland Security, and other organizations on Tuesday after problems were reportedly raised around the company’s security.

The FBI mentioned that the research at the web page in Jacksonville experienced been carried out “in furtherance of a federal investigation.”

Pax was established two a long time ago and is headquartered in Shenzhen. In accordance to its web-site, the enterprise has sent about 57 million terminals to extra than 120 countries. In addition to payment terminals, Pax manufactures PIN pads and position-of-sale (POS) components and computer software. 

News of the raid was damaged by nearby Florida news outlet WOKV. When queried about the coordinated legislation enforcement motion, the FBI issued the subsequent statement:

“The FBI Jacksonville Division, in partnership with Homeland Security Investigations, Customs and Border Security, Office of Commerce, and Naval Prison Investigative Products and services, and with the assistance of the Jacksonville Sheriff’s Business, is executing a court docket-licensed look for at this area in furtherance of a federal investigation. 

“We are not conscious of any physical threat to the surrounding local community similar to this search. The investigation continues to be energetic and ongoing and no further details can be confirmed at this time.”

Pax Technology stated that it usually takes security really significantly and was unaware of any allegations of illegal activity. 

“As usually, Pax Technology is actively checking its setting for possible threats. We stay committed to giving protected and high quality software program methods and answers,” said a enterprise spokesperson.

They added: “Pax Technology is not aware of any unlawful carry out by it or its staff and is in the approach of participating counsel to assist in mastering much more about the activities that led to the investigation.”

The company’s British place of work wrote to its consumers in the UK to say that no security issues had occurred. 

In the letter, which was viewed by the BBC, the company reported: “No confidential purchaser details or transaction information was sent from any Pax unit marketed in the US or UK.”

Some pieces of this post are sourced from:
www.infosecurity-journal.com