Phishing for Wallets: How Scammers Turn Stolen Data into Mobile Payments

Cybercriminals are getting smarter, and their latest trick? Using phished data to create Apple Pay and Google Wallet accounts—turning stolen credentials into real-world fraud. In this episode of The Daily Threat, we break down how hackers exploit phishing scams, why financial institutions struggle to detect this type of fraud, and what you can do to protect yourself.

📌 Topics Covered:
✔️ How stolen credentials get converted into mobile wallets
✔️ The tactics fraudsters use to bypass security checks
✔️ Why banks and tech companies are struggling to stop this
✔️ Steps YOU can take to stay safe

🔗 Read More: Krebs on Security Article - https://krebsonsecurity.com/2025/02/how-phished-data-turns-into-apple-google-wallets/

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#Cybersecurity #Phishing #MobilePayments #FraudPrevention #TheDailyThreat