Smishing Definition com

Smishing Definition com

Smishing Definition Bankrate.com Caret RightMain Menu Mortgage Mortgages Financing a home purchase Refinancing your existing loan Finding the right lender Additional Resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Bank Banking Compare Accounts Use calculators Get advice Bank reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Credit Card Credit cards Compare by category Compare by credit needed Compare by issuer Get advice Looking for the perfect credit card? Narrow your search with CardMatch Caret RightMain Menu Loan Loans Personal Loans Student Loans Auto Loans Loan calculators Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Invest Investing Best of Brokerages and robo-advisors Learn the basics Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Home Equity Home equity Get the best rates Lender reviews Use calculators Knowledge base Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Loan Home Improvement Real estate Selling a home Buying a home Finding the right agent Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Insurance Insurance Car insurance Homeowners insurance Other insurance Company reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Retirement Retirement Retirement plans & accounts Learn the basics Retirement calculators Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content

Smishing

Smishing is a term every computer user should know. Here’s what it is.

What is smishing

Smishing is short for SMS (short messaging service) phishing. Smishing is a type of phishing attack where hackers send mobile users text messages that contain links containing Trojan horses. If the link is clicked, the Trojan horse is downloaded onto the user’s phone or other mobile device.

Deeper definition

Smishing lures victims to click on a fraudulent link and unknowingly download Trojan software to their phone. Once the users download the Trojan software, hackers can take over their phones and use it as part of a botnet to launch denial of service attacks, install keylogging software, and steal personal information from users. Just like emails can contain viruses, links can contain viruses. The good news is that these viruses are avoidable. Experts recommend that users use basic precautions and not click on links unless they know where the link is coming from. Even if the user receives a text from someone they know, the user should contact that person first to ensure they intended to send the link. When in doubt, users should err on the side of caution and not click on the link.

Smishing example

Andrea receives a text message that says, “We’re confirming that you signed up for our website’s premium membership. You will be charged $39.99 unless you cancel your subscription.” The text message includes a link to a website. Andrea does not want her account to be charged and immediately clicks on the link. Once she arrives at the website, she sees a message that says, “To cancel your subscription, click here.” Andrea clicks on the link and receives a message that says, “Thank you, your subscription has been canceled.” Andrea doesn’t realize that she’s just downloaded a Trojan horse onto her phone, allowing hackers to control her phone. Without her knowledge, the hackers use Andrea’s phone as a part of a bot network that’s used to launch denial of service attacks and steal Andrea’s personal bank account information. Do you bank online? Learn how to protect your data.

More From Bankrate

Horror films with hidden tips for avoiding scary financial situations. Here are a few scary financial situations to be mindful of — and how to avoid them. From tallying debt to setting goals, here’s how to budget ahead of a recession. Bankrate’s guide to scoring the best deals on every item you’re looking for Amazon Prime Day 2022. Here’s how much you could expect to spend as a guest. Before applying for a small business loan, you need to prepare some paperwork. Here’s what you must do. Here’s a look at how taking paid time off can benefit your mental health and actually make you a better employee. New decade. New personal finance-savvy you. Out of work due to coronavirus? Here’s what you can do to help lessen the financial blow.
Share:
0 comments

Comments (0)

Leave a Comment

Minimum 10 characters required

* All fields are required. Comments are moderated before appearing.

No comments yet. Be the first to comment!