NGate Malware Exploits NFC for ATM Cash Theft

NGate, a sophisticated Android-based malware, exploits NFC technology to enable unauthorized ATM cash withdrawals without physically stealing payment cards. The attack begins with social engineering tactics, tricking victims into installing a malicious app that captures card data and PINs. The malware then relays this information to an attacker-controlled device at an ATM, bypassing security measures. Users are advised to download banking apps only from official app stores and be cautious of unsolicited phone calls.

Latest mentioned: 11-05
Earliest mentioned: 10-30