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64-year-old Frankfurt victim of smishing: Financial expert warns against fraudulent SMS
A 64-year-old man from Frankfurt fell victim to smishing, a sophisticated form of phishing via SMS in which criminals deceive unsuspecting consumers and steal sensitive information. In the current case, the man had a mid-five-figure amount of money withdrawn from his bank account. The perpetrators have already gone into anonymity with the money. Impact on the market and consumers Smishing, a combination of “SMS” and “phishing”, is an increasingly common scam that has a significant impact on the market and consumers. In this form of fraud, criminals send fake SMS messages in the name of banks to trick unsuspecting consumers into disclosing sensitive information.
64-year-old Frankfurt victim of smishing: Financial expert warns against fraudulent SMS
Impact on the market and the consumer
Smishing, a combination of “SMS” and “phishing”, is an increasingly common scam that is having a significant impact on the market and consumers. In this form of fraud, criminals send fake SMS messages in the name of banks to trick unsuspecting consumers into disclosing sensitive information. This can mean significant financial damage for the victims and loss of reputation for the banks affected.
Consumers are urged to be extremely vigilant if they receive suspicious text messages claiming to be from their bank. You should never click on any links in such messages or reveal any personal or confidential information. In the event of fraud, it is important to file a criminal complaint immediately and inform the bank to prevent further financial damage.
According to a report by www.bild.de,
Read the source article at www.bild.de