PAX Technology that makes point-of-sale devices with more than 60 million in use across 120 countries and generated around $727 million in sales revenues in 2020.
The Jacksonville raid is believed to be tied to reports that the system PAX operates was used in cyber attacks on U.S. and European organizations. READ MORE HERE
The relevance, ‘FBI and MI5 are conducting an intensive investigation into PAX,’ a source told the station. ‘A major US payment processor began asking questions about network packets originating from PAX terminals and were not given any good answers.’
China Telecom Americas Corp. is required to stop providing domestic interstate and international service in the United States within 60 days, under an order approved Tuesday by the Federal Communications Commission.