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Bank Info Security 1 year, 2 months ago

Hackers Hijack NFC for Instant Payment Fraud

Attack Combines Social Engineering and Card Emulation to Execute Real-Time TheftHackers are using Chinese-speaking Android malware-as-a-service SuperCard X to carry out near-field communication relay attacks, siphoning payment card data and executing live point of sale and ATM transactions. Victims receive spoofed SMS or WhatsApp alerts purporting to originate from their bank.

Bank Info Security 1 year, 6 months ago

Meta's Fact-Checking Pullback Could Help Scammers Thrive

Facebook Unveils Community Notes Program But Has Done Little to Curb FraudMeta has decided to end its fact-checking program. Meta CEO Mark Zuckerberg announced significant changes to the company's moderation policies and practices on Tuesday, attributing the shift to a renewed commitment to free speech. Some fear the move will embolden financial scammers.

Bank Info Security 1 year, 6 months ago

Meta's Fact-Checking Pull Back Could Help Scammers Thrive

Facebook Unveils Community Notes Program But Has Done Little to Curb FraudMeta has decided to end its fact-checking program. Meta CEO Mark Zuckerberg announced significant changes to the company's moderation policies and practices on Tuesday, attributing the shift to a renewed commitment to free speech. Some fear the move will embolden financial scammers.

Facebook Unveils Community Notes Program But Has Done Little to Curb FraudMeta has decided to end its fact-checking program. Meta CEO Mark Zuckerberg announced significant changes to the company's moderation policies and practices on Tuesday, attributing the shift to a renewed commitment to free speech. Some fear the move will embolden financial scammers.