New Android Malware Wave Hits Banking via NFC Relay Fraud, Call Hijacking, and Root Exploits

Cybersecurity researchers have disclosed a new Android trojan called PhantomCard that abuses near-field communication (NFC) to conduct relay attacks for facilitating fraudulent transactions in attacks targeting banking customers in Brazil. “PhantomCard relays NFC data from a victim’s banking card to the fraudster’s device,” ThreatFabric said in a report. "PhantomCard is based on