Beware of smishing! SMS fraud, a headache for telecom operators
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SMS fraud, or "smishing", is on the rise in many countries, fuelled by the increasing use of smartphones. This is a challenge for telecom operators who are meeting at the Mobile World Congress (MWC), the sector's biggest annual gathering, in Barcelona this week.What is smishing?Smishing is a cybersecurity attack carried out over mobile text messaging, also known as SMS phishing which target both individuals and corporations. The name is a play on the term "phishing", the fraudulent practice of sending emails purporting to be from reputable companies in order to induce individuals to reveal personal information, such as passwords and credit card numbers "In a smishing attack, cybercriminals send deceptive text messages to lure victims into sharing personal or financial information...