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Credit Card Fraud That Bypasses 2FA
Sept. 20, 2022, 11:29 a.m. | Bruce Schneier
Schneier on Security www.schneier.com
Someone in the UK is stealing smartphones and credit cards from people who have stored them in gym lockers, and is using the two items in combination to commit fraud:
Phones, of course, can be made inaccessible with the use of passwords and face or fingerprint unlocking. And bank cards can be stopped.
But the thief has a method which circumnavigates those basic safety protocols.
Once they have the phone and the card, they register the card on the relevant …
2fa banking card card fraud credit credit card credit card fraud credit cards fraud smartphones two factor authentication
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