National Cyber Warfare Foundation (NCWF)

$80 Billion Lost to SMS Fraud Last Year. The Good News Is Wrong.


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2026-04-24 16:40:48
milo
Attacks , Policy / Governance

Mobile fraud losses are projected to decline in 2026. That headline is technically accurate and deeply misleading. The fraud is not going away. It is changing channels, picking up speed, and getting harder to stop. The number looks like progress. Global subscriber losses from SMS fraud, smishing, account takeover, and related mobile threats reached $80 […]


The post $80 Billion Lost to SMS Fraud Last Year. The Good News Is Wrong. appeared first on Security Boulevard.



Christine Castro

Source: Security Boulevard
Source Link: https://securityboulevard.com/2026/04/80-billion-lost-to-sms-fraud-last-year-the-good-news-is-wrong/


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