What happened: Fraudsters use phishing calls to trick victims into revealing personal details, then use these to make purchases via Apple Pay or Google Pay without the physical card.
Why it matters:
- Victims may lose money through unauthorised digital transactions.
- This method bypasses traditional card security, affecting all bank card users with digital wallets.
MNN Take: Fraudsters exploit trust and pressure tactics during phone calls to gain access to digital payment systems. Users should be cautious about sharing codes or approving notifications without verifying the caller.
Sources: Guardian UK