How Cybercriminals are Exploiting India’s UPI for Money Laundering Operations

Cybercriminals are using a network of hired money mules in India using an Android-based application to orchestrate a massive money laundering scheme.
The malicious application, called XHelper, is a “key tool for onboarding and managing these money mules,” CloudSEK researchers Sparsh Kulshrestha, Abhishek Mathew, and Santripti Bhujel said in a report.
Details about the scam