Nov 20, 2024Ravie LakshmananPayment Security / Cybercrime Threat actors are increasingly banking on a new technique that leverages near-field communication (NFC) to cash out victim's funds at scale. The technique, codenamed Ghost Tap by ThreatFabric, enables cybercriminals to cash-out money from stolen credit cards linked to mobile payment services such as Google Pay or Apple … [Read more...] about Hackers Exploiting NFCGate to Steal Funds via Mobile Payments
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How to protect funds being stolen from bank cards with a chip and NFC
Payment services have become both more convenient and more secure over recent years — but cybercriminals are still managing to steal funds from cards all around the world. What are the most common methods used for such theft, and how can you counteract them? Card cloning When cards only stored information on a magnetic strip, it was quite easy for fraudsters to produce an exact … [Read more...] about How to protect funds being stolen from bank cards with a chip and NFC
Cryptocurrency Firm Itself Hacked Its Customers to Protect Their Funds From Hackers
Are you using Komodo's Agama Wallet to store your KMD and BTC cryptocurrencies?Were your funds also unauthorisedly transferred overnight to a new address?If yes, don't worry, it's probably safe, and if you are lucky, you will get your funds back.Here's what exactly happened…Komodo, a cryptocurrency project and developer of Agama wallet, adopted a surprisingly unique way to … [Read more...] about Cryptocurrency Firm Itself Hacked Its Customers to Protect Their Funds From Hackers