Smishing Scams – Serious Fraud with a Silly Name!
Smishing attacks aim to gain access to your private information by using SMSs to target victims. Smishing is becoming an emerging threat that continues to grow over the years. Why? Because mobile banking is becoming more and more commonly used these days. Here’s how smishing attacks work: - You will receive an SMS that seems legitimately from a popular bank or organisation asking you to contact them on a number or click on a link. - Once you contact them or click the link you will be asked to give out your personal information such as your account number, password or PIN. - The scammers now have access to your accounts, etc. and can do with them what they wish. In this day and age, people use their smartphones for basically everything, including online banking. There is a lot of private information at risk if your phone is exposed to a scammer. Here’s how to identify a smishing scam: - You are SMSed and asked to confirm your private details such as...