You need to reverse engineer the interface for a start, is it actually a low voltage RS232 style serial data stream (in which case you could do it with a UART), or is it something entirely different?. How many pins are used in the connection?, is it one way only, or two way?.
I would suggest a digital scope or logic analyser would be helpful - and allow you to determine the speed and type of connection. Once that's done you can connect a micro to it, to do what you wish with the data.