Chinese Crime Groups Steal Credit Info via Texts 💳

Federal investigators say that crime groups in China are behind the toll fine scam messages that made more than $1 billion over the last three years. The elaborate phishing scheme uses fake texts, a one-time verification code and remote tap-to-pay software to steal your credit card information to buy everything from iPhones to luxury handbags and gift cards.

WSJ worked with a cyber threat researcher and created a fake phishing page to show exactly how it works.

Chapters:
0:00 Fake toll texts
0:27 Background on the Chinese scam
1:04 The fake phishing page
1:53 How thieves use the scam to steal billions
3:18 Remote tap-to-pay trick

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