Android malware uses NFC to steal money at ATMs

ESET researchers uncovered NGate malware, which can relay data from victims’ payment cards via a malicious app installed on their Android devices to the attacker’s rooted Android phone. Attack overview (Source: ESET) Unauthorized ATM withdrawals The ca… Continue reading Android malware uses NFC to steal money at ATMs

Stolen, locked payment cards can be used with digital wallet apps

Fraudsters can add stolen payment cards to digital wallet apps and continue making online purchases even after victims’ report the card stolen and the bank blocks it, computer engineers with University of Massachusetts Amherst and Pennsylvania St… Continue reading Stolen, locked payment cards can be used with digital wallet apps

Open Banking: How can a TPP integrate their mobile app with a bank’s APIs without breaking the security profile

I’ve been researching UK Open Banking and getting to know the in and outs of the FAPI advanced security profile.
My question is based on the following premises (and I think I’m probably either misunderstanding something or missing a key fa… Continue reading Open Banking: How can a TPP integrate their mobile app with a bank’s APIs without breaking the security profile

Modern security implementation: operation token sent to the bank by secure server

This post is related to this post on Android users stack exchange relating to conceiving of a variety of household situations and files and a post related to what immutable storage is which was deleted from this site and deleted (immutable… Continue reading Modern security implementation: operation token sent to the bank by secure server

Is 3DS compatible with secure 2FA technologies? (TOTP, WebAuthn)

Is PSD2’s Strong Customer Authentication requirement possible to satisfy with secure 2FA solutions, such as TOTP and WebAuthn?
For the purposes of this question, I’m classifying all systems where an OTP has to be transmitted as "insec… Continue reading Is 3DS compatible with secure 2FA technologies? (TOTP, WebAuthn)