What Is Smishing, and How Do You Protect Yourself Against It?

What Is Smishing, and How Do You Protect Yourself Against It?

WHAT IS SMISHING?

Smishing is a type of phishing in which the attacker sends the intended receivers an alluring text message to persuade them to click a link, provide the attacker with their personal information, or download harmful software to their smartphone.


3.5 billion cell phones worldwide have the ability to receive text messages from any number in the globe. Many consumers are already aware of the risks associated with opening links in emails. The risks of clicking links in text messages are less widely known.


Users are significantly more likely to trust text messages. Thus, smishing—the practice of phishing for login passwords, banking information, and sensitive data—is frequently profitable for attackers.

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HOW SMISHING WORKS?

Most smishing attacks function similarly to email phishing. The attacker sends a message that tempts the recipient to click a link or respond with personal information about the targeted user.

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An attacker may seek any type of information, including:

·??Online login information.

·??Personal data that may be utilised in identity fraud.

·??Financial information may be exploited for online fraud or for sale on darknet markets.

Users are duped into sending confidential information by smishers in a number of different methods. To trick the target into believing the message is coming from a reliable source, they may utilise basic information about the target (such as name and address) from open web resources.

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The smisher could use your name and location to address you specifically. The message is stronger as a result of these specifics. After then, a link to a server under the control of the attacker is shown in the message. The link might take you to a site that steals login credentials or malware that can infect your phone directly. The virus can then be used to stealthily communicate private information to a server under the control of the attacker or to spy on the user's smartphone activity.

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Smishing is combined with social engineering. Before sending a text message, the assailant may phone the subscriber and request personal information. The smisher's text message assault will thereafter be able to use the confidential information. When a user receives a call from a known scam number, many telcos have tried to combat social engineering calls by showing "Spam Risk" on a smartphone.

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Basic security mechanisms on Android and iOS may frequently thwart malware. However, no security measures can stop users from knowingly sending their data to an unidentified number, even with strong security safeguards on mobile operating systems.

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HOW TO PROTECT YOURSELF FROM SMISHING

Similar to email phishing, smishing prevention relies on the capacity of the targeted user to recognise a smishing attack and decide whether to ignore or report the message. Users who get messages from a known scam number may be warned by the telecom or the message may be completely ignored if a phone number is frequently used in scams.

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Smishing messages are only hazardous if the victim responds by clicking the link or providing the attacker with their personal information.

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Here are some methods for spotting smishing and against being a victim:

·??The advertisement promises rapid income by winning prizes or receiving money after providing personal information. Offerings of coupon codes are also common.

·??Financial organisations never send texts requesting login information or money transfers. Never send someone your credit card number, ATM PIN, or financial details through text message.

·??Don't answer a call from a number you don't recognise.

·??Email addresses are typically where messages with only a few numbers originate, which is a symptom of spam.

·??Attackers are interested in the smartphone's saved banking information. Do not keep this data on a mobile device. This financial information could be exposed if an attacker instals malware on the smartphone.


What is BugBase?

BugBase is a curated marketplace for ethical hackers that helps businesses and startups set up bug bounty programs. It is India's first consolidated bug bounty platform, which assists organizations in staying safe by providing an all-in-one platform for continuous and comprehensive security testing.

Through BugBase registering and setting up your organisation’s bug bounty program is no less than a breeze. We also provide hackers and security professionals with the platform to directly get connected with organizations that have set up their bug bounty programs and get rewarded for the risks and vulnerabilities they find.


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BugBase Team

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