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This is how they steal you when you make purchases and payments with your cell phone


#Due to the health contingency due to #Covid-19 many of the daily activities had to be transformed, among them the shopping. #People found in the electronic commerce and the digital wallets the best alternative to stay away from the disease and get everything they needed. #However, the cyber criminals They found a golden opportunity to take advantage of and that is why it is so important to learn to protect ourselves.

#According to a recent survey by the #United #States #Federal #Reserve, cash payments accounted for only 26% of all payments, while payments using credit and debit cards, as well as through electronic payment methods, were 65%. #In this sense, ESET, proactive detection company threats, analyzed the risks of payments through phones and digital wallets, which have also become targets for cybercriminals.

The company explains that, from the point of view of applications to make payments with the phone, one of the biggest risks is the loss of the device, since it contains sensitive information. #And it is that, in case the user does not protect this information correctly, the cyber criminals they could accumulate charges on the cards or use payment applications to make purchases.

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#In addition to ending the funds in a bank account or overloading the balance, the incident can damage the credit rating with the bank, with other consequences, such as difficulty in obtaining a loan or mortgage in the future.

#Likewise, one of the risks that is not always present in the minds of users is that the smart phones, #Like other electronic devices, they can also be infected with different types of malware. #For example, keyloggers can record and transmit every keystroke made on a smartphone, which allows cybercriminals to obtain passwords or access credentials to the accounts that are used to access payment applications.

#Malware can also deploy fake apps posing as legitimate programs and attacking paid applications. #As an example, ESET researchers discovered a #Trojan posing as an app to optimize battery performance, targeting users of the official app. #PayPal and was trying to transfer a thousand euros to the attacker’s accounts.

#Beyond device theft or infections malware, cybercriminals also use traditional means to access wallets: cyber scams. The premise is usually to impersonate a trusted contact and request help during an emergency. The scammer can also gain access to your contact list and pretend to be someone who has already had money sent using a mobile payment application. #In addition, they can resort to other types of fraud, such as the use of dating applications to meet people and once a relationship is established, they try to get money from their victims using all kinds of excuses.

#On the other hand, the giveaway scam is a frequently used tactic, where potential prospects are informed victims They have won a major prize, but will have to pay a transaction fee to receive it. #Of course, the purported prize from the drawing that was never entered is never received, and the purported “transaction fee” money will probably not be recovered either.

Then there are the attacks of phishing in which the criminals pose as the company responsible for the mobile payment application. The scammers make replicas of legitimate websites as part of their strategy to try to trick victims into entering the access credentials to their accounts, then steal the money from them or sell the login keys in the dark web.

#Another threat is messages from spam with requests to send money that appear directly in users’ accounts. #If a user accidentally touches one of these notifications, it may trigger a money transfer to scammers.

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#Read also: #What happens if I charge my laptop while using it

#How to protect yourself?

The first thing that according to ESET should be done to protect phone money and digital wallets is to enable all security measures provided by smartphones. #This includes enable biometric unlock (face scan, retina scan, fingerprint scan) and pattern lock. #Once this is done, it is difficult for someone to enter the phone or use the payment applications, since these require the user to verify their identity each time they want to access them, make a transaction or buy something. #On the other hand, devices #Android and those of #Apple They are compatible with the functions “#Find my phone”, which allows you to deactivate the phone remotely if it is lost or stolen, you can even erase data remotely.

#Most paid apps also allow you to activate additional security features, such as double factor authentication. #Applications can also be locked with additional security measures, such as biometric, pattern or PIN locks, as well as enable these functions for transactions as well. #It also recommends activating the notifications every time a transaction or payment is made. #In this way, if suspicious activity occurs, an alert will be received almost in real time.

#To avoid downloading malicious applications that target the wallet, ESET always advises to examine what is being installed to avoid downloading a fraudulent application disguised as something else. #Another good rule of thumb is to check the permissions that applications request.

#Last but not least, consider using a technology security settings on your phone to be protected against most threats and stop threats malicious activities. #An additional benefit is that many security products include payment protection functionalities that monitor banking and payment applications.

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#Although there are risks associated with the use of mobile payment applications, some are more secure than others: “The use of services such as #Apple #Pay O #Google #Pay it is a bit more secure than using a real credit card with contactless payment because these services do not provide real credit card numbers to the merchant; instead, they only provide virtual account names that are generated for each payment, “says ESET malware researcher #Lukas #Stefanko. #He also praised the fact that, “#As an additional security measure, users who want to prevent a criminal from abusing the card data loaded on their phones by proximity can disable NFC to improve security.”





[ source link ]
https://www.eluniversal.com.mx/techbit/asi-te-roban-cuando-realizas-compras-y-pagos-con-tu-celular

#steal #purchases #payments #cell #phone

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