Executive Secretary, East African Communications Organisation , Dr Ally Simba ; Permanent Secretary, African Telecommunications Regulators Network ; Otye Bernice; Executive Secretary, Communications Regulators’ Association of Southern Africa , Bridget Linzie, and Executive Secretary, West African Telecommunications Regulators Assembly , in Kampala, Uganda.
GSMA explained that Artificial Inflation of Traffic is a type of SMS fraud seeking to generate high volumes of fake traffic via mobile applications or websites and then profit from higher revenue from the artificially generated SMS traffic.
GSMA said a ‘flash SMS’ is a special type of text message that displays immediately on the mobile phone screen without the user having to take any action to read it, even if the screen is locked. It stressed that a Flash SMS also does not leave a record on the customer’s phone, that is it is not visible in the SMS inbox.
The GSMA has previously reported on flubot attacks, often observed as blended attacks combining smishing and voicemail lures, with banking malware injects. Accordingly, VEC can target entire supply chains by hijacking email accounts belonging to vendor employees; setting forwarding rules or monitoring the Inbox; creating a spoofed domain to resemble the vendor’s; sending well-timed messages to customers of the vendor, requesting changes to payment details and using Office 365 tools to enhance the look and feel.
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