Ghost Tap: New cash-out tactic using NFC Relay
Fraudsters adopt “Ghost Tap”, relaying NFC traffic for cash-outs using stolen card details linked to mobile payments. This technique, leveraging NFCGate, enables cybercriminals to perform transactions anonymously at retail locations, enhancing scalability. Detection challenges arise due to transaction patterns and lack of device presence at POS terminals, necessitating improved anti-fraud measures in financial institutions to combat this emerging threat.
Ghost Tap: New Cash-out Tactic with Nfc Relay
