Threat Actors Exploit Messaging Services as Lucrative Cybercrime Platforms

Threat actors are exploiting weaknesses in SMS verification systems to generate massive, fraudulent message traffic, costing businesses millions. This type of fraud involves artificially triggering SMS verification requests by creating numerous synthetic identities or using automated bots, thereby inflating the SMS traffic to exploit billing systems. Mechanics of SMS Pumping Fraudsters initiate this scam by […]

The post Threat Actors Exploit Messaging Services as Lucrative Cybercrime Platforms appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.