The Bangko Sentral ng Pilipinas (BSP) is cautioning the public about a new method of delivering smishing attacks known as text hijacking. Text hijacking
The Bangko Sentral ng Pilipinas is cautioning the public about a new method of delivering smishing attacks known as text hijacking.
It said one common method involves the use of International Mobile Subscriber Identity catchers. These devices can mimic legitimate cellular towers, luring mobile phones to connect to them instead. Once connected, fraudsters can intercept and manipulate text messages, sending malicious content or phishing links.
It advised SMS recipients to scrutinize messages carefully. “Legitimate financial institutions will never ask you to click links in emails or SMS to conduct unauthorized transactions,” it said.
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