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High-tech schemes like credential stuffing and accounttakeover (ATOs) have become commonplace, but many fraudsters still rely on a technique that requires comparatively little technical know-how. These schemes rely on other means of communication: telephone calls for vishing and text messages for smishing.
Phishing, Smishing, Hypnofraud and More. Fraudsters use a range of tactics to commit social engineering; email (phishing) and text message (smishing) are time-tested winners. Authorized push payment scams manipulate the account holder into making the payment to an account controlled by fraudster—hence the term ‘’.
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