Apple Pay | Breaking Cybersecurity News | The Hacker News

Threat actors are increasingly banking on a new technique that leverages near-field communication (NFC) to cash out victim's funds at scale. The technique, codenamed Ghost Tap by ThreatFabric, enables cybercriminals to cash-out money from stolen credit cards linked to mobile payment services such as Google Pay or Apple Pay and relaying NFC traffic. "Criminals can now misuse Google Pay and Apple Pay to transmit your tap-to-pay information globally within seconds," the Dutch security company told The Hacker News in a statement. "This means that even without your physical card or phone, they can make payments from your account anywhere in the world." These attacks typically work by tricking victims into downloading mobile banking malware that can capture their banking credentials and one-time passwords using an overlay attack or a keylogger. Alternatively, it can involve a voice phishing component. Once in possession of the card details, the threat actors m...

Cybersecurity researchers have disclosed an unpatched flaw in Apple Pay that attackers could abuse to make an unauthorized Visa payment with a locked iPhone by taking advantage of the Express Travel mode set up in the device's wallet. "An attacker only needs a stolen, powered on iPhone. The transactions could also be relayed from an iPhone inside someone's bag, without their knowledge," a group of academics from the University of Birmingham and University of Surrey  said . "The attacker needs no assistance from the merchant and backend fraud detection checks have not stopped any of our test payments." Express Travel  is a feature that allows users of iPhone and Apple Watch to make quick contactless payments for public transit without having to wake or unlock the device, open an app, or even validate with Face ID, Touch ID or a passcode. The man-in-the-middle ( MitM ) replay and  relay attack , which involves bypassing the lock screen to make a payment t...

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Today anywhere you go, you will come across Free or Public WiFi hotspots -- it makes our travel easier when we stuck without a data connection. Isn't it? But, I think you'll agree with me when I say: This Free WiFi hotspot service could bring you in trouble, as it could be a bait set up by hackers or cyber criminals to get access to devices that connects to the free network. This is why mobile device manufacturers provide an option in their phone settings so that the device do not automatically connects to any unknown hotspot and asks the owner for approval every time it comes across a compatible WiFi. Hackers can grab your Credit Card Data. Here's How? Recently, security researchers from mobile security company ' Wandera ' have alerted Apple users about a potential security flaw in iOS mobile operating system that could be exploited by hackers to set up a rogue WiFi spot and then fool users into giving up their personal information, including credit card details. The l...