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Cyberscammers are bypassing banks’ security with illicit tools sold on Telegram

BACKGROUND
1 SIGNALFIRST DETECTED 15 April 2026
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Other feeds and industry voices
15 Apr
Scammers are buying tools advertised on Telegram that trick banks' facial recognition checks. The stakes are enormous with crypto scams tallying an estimated $17 billion in 2025 alone. Banks and regul

Scammers are buying tools advertised on Telegram that trick banks' facial recognition checks. The stakes are enormous with crypto scams tallying an estimated $17 billion in 2025

OPINION · WHAT · MIT Technology ReviewOPEN STORY
16 Apr
The Download: cyberscammers’ banking bypasses, and carbon removal troubles

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Cyberscammers are bypassing

REPORT · WHEN · MIT Technology ReviewOPEN STORY
Sources
MIT Technology Review

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