
Scammers often leverage real scenarios to mislead people. The flubot malware was previously associated with the Cabassous cybercrime group in 2020, but seems to have seen a resurgence in 2021 despite multiple arrests in Spain. This video shows the flubot overlay on an online banking app. Compared with email scams, it was only relatively recently that SMS scams became a problem leading to direct and highly visible financial consequences.

Perhaps this is because of the extent of impact on consumers. While telecommunication providers are enhancing their SMS scam (and spam) detection capabilities, this issue so far hasn’t received the same attention as email scam. When it comes to SMS messages, however, our smartphones don’t afford the same level of protection. But most email services now provide efficient spam filters to block them. Why are there so many text scams all of a sudden?Įmail remains the cheapest method to distribute scams. The US Federal Trade Commission reported US$86m in losses to SMS scams last year, and the UK’s Office of Communications reported a significant rise in scam messages received by UK residents. Copy the original message and forward it to 7726 (SPAM) free of charge, if you are an AT&T, T-Mobile, Verizon, or Sprint subscriber.SMS scam statistics drawn from ACCC ScamWatch data () - 2021 data up to August. Links can take you to spoof sites that look real but will steal your personal information.

