Wednesday, 16 December 2020

Cybercriminals Steal Millions by Spoofing Thousands of Mobile Devices

A group of cybercriminals used mobile emulators to spoof thousands of mobile devices , which enabled them to steal millions of dollars within days.

Targeting financial institutions in Europe and the United States, the mobile banking fraud operation relied on over 20 emulators to spoof more than 16,000 mobile devices and access compromised accounts.

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