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

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.
- Face off: Attackers are stealing biometrics to access victims' bank accounts VentureBeat
- First ever iOS trojan discovered — and it's stealing facial recognition data to break into bank accounts Tom's Guide
- iOS Malware Steals Faces to Defeat Biometrics With AI Swaps DARKReading
- iOS Trojan Collects Face and Other Data for Bank Account Hacking SecurityWeek
- New ‘Gold Pickaxe’ Android, iOS malware steals your face for fraud BleepingComputer
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