New “Ghost Tap” Attack Hijacks Android Phones to Drain Bank Accounts

Chinese threat actors are weaponizing NFC technology to steal funds from victims’ bank remotely accounts through sophisticated Android malware campaigns, with security researchers identifying at least $355,000 in fraudulent transactions from a single operation.  Group-IB researchers have uncovered a sprawling cybercrime ecosystem centered around NFC-enabled Android applications that enable criminals to conduct unauthorized tap-to-pay transactions […]

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