Smishing Attacks on the Rise

November 1, 2022

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Text- based cyberattacks are known as “smishing.” They happen often and have become more convincing to fall for. Although not a surprise, the COVID-19 pandemic has played a part in the spike of smishing, due to remote work increasing. Therefore, many organizations warn people to be aware of smishing attacks. Although this type of online scam is not new, we need to be aware of the recent variants and common tricks attackers will strategically use.

The groups who have recently advised people to look out for smishing attacks include security experts, wireless providers, the Federal Trade Commission, various state agencies, and more. This attack is clearly one that everyone has or will experience at some point. In fact, 11.6 billion smishing attempts were sent over US wireless networks this past March. It continues to happen due to the shift in remote work among the pandemic, and it’s been effective to generate hackers a lot of money.

Many people might think this is already easy to identify, but there are new variants to be aware of. One common new scam is receiving a text from what seems to be your boss. The attacker will pretend to be your boss, stating their name, and possibly ask for you to do a favor such as buying a gift card or transfer cash. This smishing attack is simple but can turn very profitable to the hacker.

Overall, smishing attempts are on the rise, and do not seem to slow down anytime soon. Be cautious of text messages you receive that might look suspicious. Do not click on links or follow instructions from someone who might be an impersonator. Hackers behind text message attacks are commonly successful and data from 2022 proves just that. Abide by all warnings that are announced to protect yourself from any type of smishing attack.

Source; Ceros

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