Re: Mobile banking: alarm as fraudsters take over handsets and raid accounts

David Wade <dave@g4ugm.invalid> wrote:

On 13/07/2024 15:17, Jörg Lorenz wrote:

On 13.07.24 15:42, Andy Burns wrote:

Jörg Lorenz wrote:
 

The article is extremely unspecific how the accounts/mobiles were taken
over. Not very helpful.

 
Snatch the unlocked phone from the user's hands.  Bonus points if they
can trick the owner into unlocking it, and then snatching it

 
Seriously?
 

 
Well that lets you onto the phone but most banking apps require the user
re-authenticate after switching to a different app. I suppose you can
then reset access to the passwords.

Most people use the same passcode on the lock screen as for (banking) apps
so the thief videos you typing in your code and then steals the phone. Now
they get access to your phone AND money.