SMS fraud, a headache for telecom operators

An average of between 300,000 to 400,000 SMS attacks take place every day, according to cybersecurity firm Proofpoint, and that figure is expected to rise. — Bloomberg

BARCELONA: SMS fraud, or "smishing", is on the rise in many countries, fuelled by the increasing use of smartphones.

This is a challenge for telecom operators who are meeting at the Mobile World Congress (MWC), the sector's biggest annual gathering, in Barcelona this week.