TEXT FRAUD CAN HIT VICTIMS HARD BECAUSE VICTIMS REPLY TO PHONE MESSAGES IN HASTE, BUT REPENT AT LEISURE
August 2nd, 2020
TEXT fraud is maybe more dangerous that email fraud, given the tendency for mobile phone users to respond to texts swiftly and without careful thought, cyber-security experts warn.
The Covid-19 pandemic has also created opportunities for fraudsters using texts and messaging services such as WhatsApp to launch fishing and other attacks on the unwary.
The USA Federal Trade Commission (FTC) has also been taking a proactive stance against texting fraud, noting how fake texts use similar lures as malicious emails – such as promises of free prizes, gift cards, ...
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