Criminals Are Renting Virtual Phones to Bypass Bank Security

'A sophisticated threat that is quietly reshaping the economics of digital fraud': How hackers are employing virtual cloud phones to power major scams

Cloud phones are the latest tool to be used against banking app users and the security community should take notice.

Criminals are renting virtual phones to bypass bank security

Not a real phone, but good enough to fool your bank. Researchers warn criminals are using virtual devices to bypass fraud checks. The post Criminals are renting virtual phones to bypass bank security appeared first on Security Boulevard.