Kaspersky has flagged a big jump in mobile threats targeting NFC-based transactions, reporting a 188% increase compared to the previous period. The study points to growing risks for users who rely on tap-to-pay features on smartphones and other devices.
NFC, or Near Field Communication, is the tech behind contactless payments. It’s what lets you pay by simply tapping your phone or smartwatch at checkout. But cybercriminals are now exploiting this convenience, finding ways to intercept or manipulate data during these quick exchanges.
The rise in attacks puts mobile wallets and cashless payments at risk. Fraudsters can potentially steal sensitive information or trick users into authorizing malicious transfers.
With more Filipinos using GCash, Maya, and bank apps for everyday transactions, the concern hits close to home.
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Kaspersky’s report stresses the need for better safeguards and user awareness. Users are reminded to keep their devices updated, avoid shady apps (install only from official sources), and monitor transaction alerts.
Banks and mobile platforms are also expected to strengthen defenses against these new threats.
