IBM: A hacking group is using mobile emulators to spoof banking customers’ mobile devices and steal millions of dollars from banks in the U.S. and Europe. The first wave of attacks using these emulators has been stopped and the banks affected by the hacking have been notified. IBM researchers found that one emulator was able to spoof over 8,000 devices in a matter of just a few days in each case. The attackers are well-funded and technically technically savvy, says Limor Kessem.”]
Source: https://www.bankinfosecurity.com/attackers-use-mobile-emulators-to-steal-millions-a-15623