Google is suing more than two dozen unnamed individuals allegedly involved in peddling a popular China-based mobile phishing service that helps scammers impersonate hundreds of trusted brands, blast out text message lures, and convert phished payment card data into mobile wallets from Apple and Google.
China-based purveyors of SMS phishing kits are enjoying remarkable success converting phished payment card data into mobile wallets from Apple and Google. Until recently, the so-called “Smishing Triad” mainly impersonated toll road operators and shipping companies. But experts say these groups are now directly targeting customers of international financial institutions, while dramatically expanding their cybercrime infrastructure and support staff.
