Police in Australia say they’ve broken up a sophisticated SMS phishing scheme designed to collect personal details and bank login credentials. Two men are accused of smishing, which is a portmanteau of SMS and phishing. Police allege the two sent tens of thousands of SMSes in one go, impersonating Australian financial institutions. The investigation involved major Australian banks – including ANZ, Commonwealth Bank and WestPac – and operator TPG Telecom. Police seized nine SIM boxes – devices that hold dozens of SIM cards and transmit thousands of messages.”]
Source: https://www.healthcareinfosecurity.com/police-crack-sms-phishing-operation-a-15049