Identity thieves move on from the credit card and target the mobile phone
In an age of mobile and contactless payments, it’s the smartphone that is the new target for identity thieves looking for access to your cash in order to go on a shopping spree. These new Trojans attach themselves to apps tied to banking and credit card payments . . .
Cyberthieves have a new way to hack into consumer bank accounts: mobile phones.Malicious software programs with names like Acecard and GM Bot are gaining popularity around the world as criminals look for new and lucrative ways to attack the financial-services industry. Cyberthieves are using such so-called malware to steal banking credentials from unsuspecting consumers when they log onto their bank accounts via their mobile phones, according to law-enforcement officials and cybersecurity specialists.
