Phishing via Text (SMS)
Phishing continues to be a large threat to both consumers and businesses. It has been estimated that between 85%-90% of malicious content enters through email in the form of links and attachments. However, a new threat is emerging, and that is SMS (text) phishing scams. This threat is on the rise because it is much more difficult to protect against this.
Below is an example of a text message reported by Malwarebytes Labs. The text message purports to be from RBC, a Canadian financial institution.
If you followed the instructions and visited the link, you would be redirected to a decoy site that looks almost identical to the real one. Within minutes, you could give criminals all the information they need to perform all sorts of illegal activity on your bank account, as well as perpetrate additional identity theft by impersonating you.
Please be just as cautious with your text messages as you are with your email. Be sure to check the reporting guidelines for your cell phone carrier and report any suspicious texts to them.