Addressing Compromise Smishing 
PYMNTS
FEBRUARY 12, 2020
Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetary losses.
FICO
FEBRUARY 16, 2023
For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.
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FICO
JUNE 21, 2021
The Norway attacks centre around large-scale phishing and smishing efforts , designed to introduce a scam which ultimately ends in fraudulent Card Not Present (CNP) transactions. Phishing and smishing attacks come almost exclusively from data compromise and result in several point attacks.
FICO
JUNE 4, 2018
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. The good news is that while social engineering fraud is on the rise, FICO is using advanced machine learning techniques to effectively combat SEF.
The Fintech Times
DECEMBER 21, 2024
This increases the effectiveness of the delivery of smishing attacks as they appear to be coming from a legitimate sender. Fraudsters spoof the sender ID of financial institutions and send ‘smishing’ (SMS phishing) messages containing malicious links, aiming to gain unauthorised access to the financial accounts of their victims.
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