Not content with tricking victims into giving up private identity information via email, phishers are increasingly turning to text messaging to scam account numbers, credit card numbers, social security numbers, and more from their targets.
More than 2.5 trillion SMS text messages have been sent from cell phones worldwide this year. This means that text messaging brings in billions of dollars in revenue for the world’s four major cell phone carriers. In fact, it’s estimated that SMS text messaging revenues could even top $165 billion by 2011. (SMS stands for “Short Message Service”.) So, if the text messaging business is so lucrative, why have AT&T, Sprint, T-Mobile, and Verizon Wireless doubled the pay-per-use-price for messages from 10 cents to 20 cents?
The Los Angeles Metrolink train crash tragedy at Chatsworth which killed 25 and injured another 130 is being blamed on the engineer’s text messaging SMS messages with a couple of teenage train enthusiasts, causing him to miss a critical red light. The engineer, Robert Sanchez, was among the 25 killed in the crash.