Cisco: SMS, smartphone attacks on the rise

New research from Cisco says criminals are finding new techniques, new targets with fraudulent text messages and "smishing" campaign

The report also points to an increase in vulnerabilities that are being uncovered in smartphone operating systems since the market for victims has increased with widespread smartphone adoption (See also: 3 Simple Steps to Hack a Smartphone).

"The market size dictates the investment. Five years ago in the U.S., the handset market was not very big. Now with that growing, it becomes a primary device and absolutely the amount of criminal focus around those exploits will increase."

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