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Evil mobile emulator farms” used to steal millions from US and EU banks

Scale of operation is unlike anything researchers had seen before.

[arstechnica.com]evil-mobile-emulator-farms-used-to-steal-millions-from-us-and-eu-banks/

FearlessFly 9 Dec 17
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I'd been in the bank to make a payment.

"Oh, you can do that through the mobile app!"

After I explained that, if someone stole my phone, how would they authenticate it was me?

"We'd send a text message to notify you of the activity."

"And where would that text message go?"

"Oh."

😮

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