University researchers can hack a cell phone with a 92 percent rate, accessing banking, financial transactions and tricking the user to potentially engage in fraud, according to a new study.
"We know the user is in the banking app, and when he or she is about to log in, we inject an identical login screen," said electrical engineering doctoral student Qi Alfred Chen from the University of Michigan. "It's seamless because we have this timing."
Weakness in cellphone operating system
Chen is one of the researchers from the University of Michigan and the University...


