Tuesday, 19 May 2015

Has Your Phone Number Been Stolen? Another Apple Pay Fraud

From Main St –

“When was the last time your landline phone rang? Quick now. That is because the wrong answer just may cost you big bucks.

Criminals, report multiple security experts, now are targeting little used, perhaps even forgotten, phone numbers for use in hijacking Apple Pay in your name. It works like this. The criminal needs a credit card issued in your name and - to foil bank security - and he also wants your phone number. That is because many financial institutions are using a phone call as an added security measure to validate that in fact it is you who wants to enroll a new Apple Pay card.”

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