Investopedia

Smishing

Filed Under »
Dictionary Says

Definition of 'Smishing'

The use of SMS (short messaging services) technology to phish for individuals' sensitive personal information, such as Social Security numbers or user names and passwords for online banking. Smishing can also be used to infect users' phones and related networks with destructive viruses or eavesdropping software. Smishing, like phishing, is a criminal activity.
Investopedia Says

Investopedia explains 'Smishing'

Mobile phone users can implement the same precautions that they take against phishing attempts to protect themselves from smishing attempts. These include not clicking on URLs received in text messages, not calling phone numbers given in text messages or that appear in the caller ID field of suspicious text messages, and being wary of messages from unknown or unfamiliar sources. To find out if a text message that appears to be smishing is legitimate, users should contact their financial institutions directly using the phone number provided by the institution, not the number provided by the text message.

Articles Of Interest

  1. Identity Theft: How To Avoid It

    Don't be a victim of this disturbing crime. Get insight into how perpetrators commit this form of fraud.
  2. Shopping Online: Convenience, Bargains And A Few Scams

    Shopping from the comfort of your couch has major benefits - and some unpleasant side effects.
  3. What is a "phishing scam" and how can they be avoided?

    The term phishing (as in fishing for confidential information) refers to a scam that fraudulently obtains and uses an individual's personal or financial information through the use of the internet ...
  4. Tips For Keeping Your Financial Data Safe Online

    Find out how to protect your personal information from phishers, scammers and thieves.
  5. Credit Scams To Watch Out For

    More than 30 million people were victims of fraud in 2007. Will you be next?
  6. How To Identify A Micro-Cap Scam

    Discover how to distinguish a real investment opportunity from a fraudulent one.
  7. 5 Unethical Collection Scams That Consumers Should Be Aware Of

    Here are a few of the ways that scam artists prey on those in debt.
  8. The True Cost Of Pharmaceutical Scandals

    "Big Pharma" has faced many scandals. Here are some of the biggest and the fines that resulted.
  9. How To Spot Knockoff Labels And Fake Products

    Not every counterfeit item is as obvious as Adidos sneakers or Dolce & Banana handbags, so make sure you know these tips on how to tell fakes from the real deal.
  10. Beware These Disaster-Related Scams

    Con artists prey on the weak. Those who just survived a natural disaster can be easy targets.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.
  2. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.
  3. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.
  4. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.
  5. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
  6. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
Trading Center