Re: Apple Pay

On 08 May 2024 12:21:02 +0100 (BST), Theo
<theom+news@chiark.greenend.org.uk> wrote:

Security wise, iPhone transactions are much safer than using a CC

>
This may be why.

I attempted to find industry news related to a breakdown of fraudulent
transactions, but no cigars.

Needless to say, we can't fix stupid...who get to eat the charges.



April 21, 2022 - Recently criminals have started using bots that
automatically place phone calls to victims and trick people into
handing over their multi-factor authentication codes. Now, various
fraudsters selling access to these underground bots are highlighting a
particular money making scheme: using the bots to link stolen credit
cards to contactless payment systems like Apple, Samsung, and Google
Pay and then buying items at the victim's expense.

https://www.vice.com/en/article/n7ngxm/apple-pay-fraud-spending-sprees-2fa-bots