How to Handle SMs Fraud ?

 The global SMS messaging business commonly known as mobile marketing a type of direct marketing, accounting for almost half of all revenue generated by mobile messaging.

 

What do we understand by SMS fraud?


The act of committing text message or SMS fraud is called Smishing, or SMS phishing. Cybercriminals use smishing, to steal credit card details, account details, or other sensitive information by sending a text message which might contain a link or installing malware to an organization or reputable person.

In smishing, a text message is sent and tries to get potential victims who can give out their personal information. This message generally, contains a link to a fake website that looks identical to the legitimate site asking the personal information to be entered by the recipient. Fake information is often used to make the texts appear to be from a genuine organization.

With the wide use of smartphones, this activity has grown in popularity in cybercrime as this enables them to steal sensitive financial and personal information without having to break through the firewall security defenses of a computer or network.

 

How do I report suspicious SMS?

 As we know, scam text messages are sent with the purpose of stealing passwords or other personal information generally with a click on a link, which lands on a website that the cybercriminals use to download viruses to your computer. This is sometimes known as 'phishing'.

 

Whenever we receive a suspicious message or text, we should take a minute and report this issue which will help in the following ways:

•   reduction in the number of scam texts received

•   be aware of the fraud types happening and thus becoming a harder target for scammers

•   spread awareness about cybercrimes and protect others from the following prey.

•   Whatever personal information we post on our social media accounts regarding ourselves in form of words or pictures is used by criminals to make their phishing messages more convincing after reviewing our privacy settings. Therefore, we should be careful in updating our personal information and other details also as this can help us reduce the likelihood of being phished.


To Know More Visit my blog at : https://secgensolutions.wixsite.com/securitygen/post/detailed-overview-on-sms-fraud

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