Cyberscammers Bypassing Bank Security with Illicit Tools Sold on Telegram

MIT Technology Review·medium signal

MIT Technology Review reports from inside a Cambodian money-laundering center where employees use illicit tools sold on Telegram to bypass banking app biometric verification and security checks. The tools allow scammers to defeat photo-based authentication, KYC verification, and liveness detection across Vietnamese and other Southeast Asian banking apps. The investigation reveals a mature underground economy for anti-fintech tools that undermines assumptions about biometric security.