Russian Gang Hacking Oracle's POS System read more at here www.spinonews.com/index.php/item/674-russian-gang-hacking-oracle-s-pos-system

Hackers compromised at least 700 computers on the MICROS POS system, used by hundreds of thousands of hotels, restaurants and retail outlets worldwide to process credit card transactions, Krebs on Security reported earlier this month. Oracle acquired MICROS Systems in 2014 in a deal valued at $5.3 billion

Oracle has been investigating a point-of-sale system breach that may be the work of Russian cyber thieves.

More than 330,000 cash registers worldwide use MICROS, which ranks as one the world's three largest POS systems.

Oracle has alerted its customers about the intrusion.  But the company declined to release any further details.

Oracle told customers that it had addressed the malicious code found in the MICROS system. The company forced a password reset on all support accounts

Those incidents were related to credit card information and credentials declining to be more specific.

The Oracle breach may have been connected to Russian cyber thieves known as the Carbanak gang which cites two security experts who were briefed on the investigation but asked not to be identified.

The Carbanak gang has been linked to previous hacks targeting financial institutions, which used malware hidden in spear phishing emails to access bank accounts. Some attacks targeted ATMs. Estimates of the gang's take from its activities range to US$1 billion.

Malware from the MalumPOS family also targeted systems running the Oracle POS platforms.

We are aware of the reported breach of Oracle's legacy MICROS systems. We are working closely with Oracle to better understand the situation and whether or not there may be any impact to our guests.