MEDIUMPhishing
Global
Chinese Phishers Use Live MFA Interception for Digital Wallet Fraud
·Source: Bank Info Security
Updated:
Executive Summary
Fraudsters Tokenize Stolen Cards Into Attacker Wallets Google Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP inter
Analysis
Fraudsters Tokenize Stolen Cards Into Attacker Wallets Google Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP interception to bypass multifactor authentication and provision stolen payment cards into attacker-controlled digital wallets worldwide.