China-based SMS Phishing Triad Pivots to Banks
Krebs on Security
APRIL 10, 2025
For a $500 month subscription, the customer can wave their phone at any payment terminal that accepts Apple or Google pay, and the app will relay an NFC transaction over the Internet from a stolen wallet on a phone in China. Chinese nationals were recently busted trying to use these NFC apps to buy high-end electronics in Singapore.
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