Troy Pugh of IBM Financial Crimes, shared that from 2011 to 2012, smishing attacks in Europe increased 1,700 percent. From 2012 to 2013, the increase so far is 614 percent, Pugh adds.
Though smishing attacks have not reached the same levels in the U.S., Pugh predicts similar attack increases here within the next 12 to 24 months. "Generally, we see fraud trends go east to west. So we will see robust growth in smishing in U.S., I predict," he says.
So there it is, an opportunity to get prepared and better yet, get your user base prepared for an onslaught of smishing attacks before they occur.
Wombat’s SmishGuru (simulated attack service for smishing attacks) and Smartphone security training module are the perfect way to prepare your users. First you can assess their susceptibility to attack by sending them smishing attacks with a brief teachable moment, then you can teach them how to recognize and avoid attacks with our 10-minute interactive Smartphone Security training module.