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Cyber Security

SMS Crime Ring Busted in Malaysia

Malaysian cops have busted an alleged text message spam scam ring thought to have fleeced locals for hundreds of thousands of dollars. The group are suspected of raking in RM6.4m ($1.9m) between 2006 and April 2010 using fictitious lottery winnings as a bait for an advanced fee fraud. Despite a nearly 63 percent drop in shipments of Symbian devices in the second quarter of this year, Symbian was the new home for 21 variants of malware in Q3, up 17 percent from Q2.

Source: https://threatpost.com/sms-crime-ring-busted-malaysia-060910/74085/

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