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News and resources on cyber and physical threats to banks and fintechs worldwide.

Cops arrest man for taping photos to a dummy to trick mobile banking facial recognition

Brazilian police have arrested a man accused of taping photos of victims’ faces onto dummies to trick mobile banking facial recognition technology and then take out loans.

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Cops arrest man for taping photos to a dummy to trick mobile banking facial recognition

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Cops arrested the suspect in the municipality of Barueri, confiscating a pile of large photos of victims who were targeted, as well as ammunition for a gun, 17 card machines and a safe to store cards, according to local reports.

The suspect is alleged to have attached a large cutout of victims’ photos to a dummy before using the face id option to access mobile banking accounts and then applying for loans.

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