Tag: Mobile fraud
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Tap-and-Steal: New NFC Banking Malware Exploits Android’s HCE for Ghost Payments
Across Eastern Europe, security researchers have observed a sharp surge in malicious Android applications exploiting contactless data transfer technologies to steal banking information. According to Zimperium, more than 760 apps have been detected in recent months leveraging NFC relay techniques to gain unauthorized access to payment data. Unlike traditional banking trojans that spoof interfaces or…
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AI Shield: Android Blocks 10 Billion Scams Monthly as Job Offers & Financial Fraud Surge
Google has released new data detailing the performance of Android’s built-in protection systems designed to combat fraudulent calls and messages. According to the company, these safeguards block over 10 billion suspicious contacts every month, aiming to prevent data theft and user deception before malicious activity can reach its target. One of the key elements of…
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Beyond the Email: How New Mobile Phishing Scams Are Causing a “Ramp-and-Dump” Stock Frenzy
Groups of cybercriminals specializing in mobile phishing have discovered a new way to profit from stolen credentials. Whereas they once focused on transferring compromised cards into digital wallets and selling them for fraudulent transactions, their attention has now shifted to brokerage services. Researchers at SecAlliance report a surge in so-called “ramp and dump” schemes, in…