Text Scam Epidemic Targeting Smartphone Users

Text attacks targeting Android and iPhone owners in America, Europe, and elsewhere are escalating rapidly. This billion-dollar industry now defrauds millions of smartphone users. The malicious technologies powering these attacks originate in China, yet convincingly impersonate local entities like the DMV or delivery firms, contributing to their high success rate.

“The threat of online scams and fraud is an ever-present reality in our connected world,” Google warns its users,”and the volume of scams is only growing. Nearly 60% of people globally have experienced a scam in the last year.”

BioCatch reports that over the last year,