"Biometric Data Theft: The Latest Threat to Bank Accounts on iOS and Android"

1 min read
Source: VentureBeat
"Biometric Data Theft: The Latest Threat to Bank Accounts on iOS and Android"
Photo: VentureBeat
TL;DR Summary

Cybersecurity company Group-IB has discovered a banking trojan that steals people’s faces, using AI-generated deepfakes to bypass security checkpoints and withdraw funds from victims' bank accounts. The use of deepfake attacks has increased significantly, raising concerns about the reliability of biometric tools. A Chinese-based hacking group has developed aggressive trojans targeting the APAC region, posing as government services agents and targeting the elderly. Users are advised to be cautious of suspicious links, review app permissions, and watch for signs of malware on their devices.

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