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Fraudsters Tokenize Stolen Cards Into Attacker WalletsGoogle Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP interception to bypass multifactor authentication and provision stolen payment cards into attacker-controlled digital wallets worldwide.

Acquisitions, AI and Emerging Threats Define Strategy for Recorded Future, GoogleFrom Google's $5.4 billion acquisition of Mandiant to Recorded Future's fraud insights following Mastercard's $2.65 billion purchase, threat intelligence vendors are innovating with AI and are focused on operationalizing their data through automation and managed services.

Bank Info Security 1 year, 7 months ago

Criminals 'Ghost Tap' NFC for Payment Cash-Out Attacks

Tactic Uses Stolen Cards Added to Apple Pay and Google Pay Digital WalletsCriminals have been caught tapping a new type of relay attack to cash-out stolen payment cards added to legitimate digital wallets. These criminals use money mules who carry an Android device able to capture and relay NFC communications used by ATMs to and from an attacker-controlled device.

Bank Info Security 1 year, 8 months ago

Breach Roundup: CISA Proposes Security for Bulk Data Sales

Also: Payment Card Theft Trends, Internet Archive UpdateThis week, bulk data transfers to China, credit card theft, the Internet Archive still recovering and the Change Healthcare tally is now 100M. Ukraine fought phishers, civil society against the UN cybercrime treaty, TA866 and virtual hard drives spread malware. Google verified Sir Isaac Newton.