September 24, 2021
Business

UK ‘smishing’ reports 15 times higher in UK than US as attacks grow 700% in six months

Reports of ‘smishing’ attacks in the UK have grown by more than 700% in the first six months of 2021. Photo: PA

Reports of “smishing” attacks in the UK have grown by more than 700% in the first six months of 2021, compared with the previous half, according to new data from consumer group Which? and PRoofpoint. 

Smishing, which includes scam text messages pretending to be from legitimate organisations such as banks, delivery companies and phone networks to steal consumers’ money and personal information, has thrived during the pandemic as shopping moved overwhelmingly online and people received more deliveries. 

Banks and delivery companies alike are now adopting an SMS best practice guide for businesses on how to protect their customers from potential fraud.

Reports of smishing in the UK are 15 times higher than in the US, according to Proofpoint’s data. Smishing attempts…

Read full article here: sg.news.yahoo.com