China-based SMS Phishing Triad Pivots to Banks
China-based purveyors of SMS phishing kits are enjoying remarkable success converting phished payment card data into mobile wallets from Apple and Google. Until recently, the so-called “ Smishing Triad ” mainly impersonated toll road operators and shipping companies. But experts say these groups are now directly targeting customers of international financial institutions, while dramatically expanding their cybercrime infrastructure and support staff. An image of an iPhone device farm shared on Telegram by one of the Smishing Triad members. Image: Prodaft. If you own a mobile device, the chances are excellent that at some point in the past two years you’ve [...]