While many people have heard of phishing in relation to their emails, a recent trend has shown that many scams now include phishing via text message. This type of fraud, commonly referred to as SMS phishing or Smishing, may be on the rise because cyber criminals have recognized a lack of spam alerts on mobile devices. PCs typically alert users to incoming messages that appear risky or potentially dangerous, but texts that link to websites may be more successful at getting users to follow the link.
Analysts at Symantec Security Response have commented that this growing trend is dangerous because it spreads malware throughout the device. In some situations this virus sends personal information to the cyber criminal that could allow them to access a person’s financial accounts or even listen in on phone calls.
It may be a good idea for users to consider purchasing security software for the phones and carefully analyzing suspicious messages from both known and unknown contacts before following links. By thinking of your cell phone as a computer, it may be possible to minimize the risks of fraud. By checking with your bank’s policy on texting consumers, deleting suspicious messages, and enabling a text block feature available on many service plans, it is possible to reduce the dangers associated with phone phishing.