Android malware steals payment card data using previously unseen technique

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Ars Technica 14h ago

Android malware steals payment card data using previously unseen technique - Ars Technica

Quick Summary:

Attacker then emulates the card and makes withdrawals or payments from victim's account.

Short for Near-Field Communication, NFC is a protocol that allows two devices to wirelessly communicate over short distances.“This is a new Android attack scenario, and it is the first time we have seen Android malware with this capability being used in the wild,” ESET researcher Lukas Stefanko said in a video demonstrating the discovery.“NGate malware can relay NFC data from a victim’s card through a compromised device to an attacker’s smartphone, which is then able to emulate the card and withdraw money from an ATM.

ESET researchers have named the malware NGate because it incorporates NFCGate, an open source tool for capturing, analyzing, or altering NFC traffic.