Text messaging is becoming one of the latest ways for a cyber criminal to steal from you.

The same principle used in Phishing is spilling over into the wireless mobile phone industry.

You get a message with a link, and if you click on it you may be in for a surprise according to this story by Computer Weekly

Authorities in the US and Romania have arrested and charged 38 people suspected of running an international phishing gang that attempted to steal from thousands of consumers and targeted hundreds of financial institutions.

According to reports, the gang sought personal information through phishing e-mails and sending SMS text messages on mobile phones, or "smishing".

Computer users who clicked on links in spam emails were taken to a fraudulent website posing as a legitimate online bank, where they were tricked into entering their passwords and banking details.

According to the US Department of Justice, the gang sent more than 1.3m spam emails in one phishing attack.

The stolen information was passed to US-based cashiers, who recorded the data onto blank credit and debit cards.

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