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China-based SMS Phishing Triad Pivots to Banks

Krebs on Security

China-based purveyors of SMS phishing kits are enjoying remarkable success converting phished payment card data into mobile wallets from Apple and Google. The site will then complain that the visitor’s bank needs to “verify” the transaction by sending a one-time code via SMS. Image: Ford Merrill.

Phishing 199
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How Phished Data Turns into Apple & Google Wallets

Krebs on Security

But a flurry of innovation from cybercrime groups in China is breathing new life into the carding industry, by turning phished card data into mobile wallets that can be used online and at main street stores. An image from one Chinese phishing group’s Telegram channel shows various toll road phish kits available.

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SMS About Bank Fraud as a Pretext for Voice Phishing

Krebs on Security

Smishing messages usually include a link to a site that spoofs a popular bank and tries to siphon personal information. But increasingly, phishers are turning to a hybrid form of smishing — blasting out linkless text messages about suspicious bank transfers as a pretext for immediately calling and scamming anyone who responds via text.

Banking 363
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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo.

Banking 292
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New version of Android malware FakeCall redirects bank calls to scammers

Security Affairs

The latest FakeCall malware version for Android intercepts outgoing bank calls, redirecting them to attackers to steal sensitive info and bank funds. The malware allows operators to steal bank users’ sensitive information and money from their bank accounts. ” reads the report published by Zimperium.

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When Bank Communication is Indistinguishable from Phishing Attacks

Troy Hunt

You know how banks really, really want to avoid their customers falling victim to phishing scams? And how they put a heap of effort into education to warn folks about the hallmarks of phishing scams? And how banks are the shining beacons of light when it comes to demonstrating security best practices? Ah, cheeky phisher!

Banking 253
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Warning: Hackers could take over your email account by stealing cookies, even if you have MFA

Malwarebytes

The Federal Bureau of Investigation (FBI) has issued a warning that cybercriminals are taking over email accounts via stolen session cookies, allowing them to bypass the multi-factor authentication (MFA) a user has set up. Cybercriminals could use your account to spread spam and phishing emails to your contacts.