A Tucson-area resident filed a complaint about a phishy text message that appeared to be from the recipient’s financial institution. The text asked the accountholder to call a specified number to resolve a possible compromise of his bank account. Smishing attacks are low-tech schemes, but they nevertheless prove frustrating for financial institutions. The good news is that smishing attacks have not hit a tipping point, but it’s only a matter of time, expert says. The real success of controlling attacks and subsequent losses begins and ends with the consumer.”]
Source: https://www.cuinfosecurity.com/smishing-how-banks-fight-back-a-4124