Mexico’s banking sector is facing a more industrialized fraud threat as the Balonx Sistema phishing-as-a-service (PhaaS) operation combines real-time OTP theft, Android malware, and AI-generated vishing calls. Balonx is not a conventional credential-harvesting kit. It operates as a subscription-based criminal service that rents access to affiliates, lowering the barrier for telemarketing fraud groups and inexperienced […]
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