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A Single Text Message Cost This Company $15 Million In 2022, Twilio disclosed that a coordinated smishing campaign tricked employees into entering credentials on a fake login page. Attackers used those credentials to access internal systems and compromise data for over 100 customers. The whole thing started with a text
In 2023, the FBI's IC3 reported over $5.6 billion in losses from phishing and its variants — and smishing, the SMS-based cousin, drove a massive chunk of that number. I've watched smishing evolve from clumsy "you won a prize" texts into sophisticated, multi-step social
The Text Message That Cost One Company $15 Million In 2022, threat actors hit Twilio with an SMS-based social engineering attack that compromised employee credentials and exposed data for over 160 customers. The attack didn't involve a sophisticated zero-day exploit. It started with a text message pretending to
In March 2025, the FBI's IC3 warned that Americans lost over $470 million to phishing and smishing schemes in the prior reporting year — and text-based attacks were growing faster than any other vector. I've personally triaged incidents where a single SMS message led to a six-figure
In February 2024, the FBI warned that threat actors stole over $10 billion through internet-enabled fraud in 2023 — and SMS-based phishing, commonly called smishing, was one of the fastest-growing attack vectors cited in the FBI IC3 annual report. If you think smishing is just a nuisance text from a fake
In February 2022, the FBI warned that Americans lost over $68 million to smishing and vishing scams in a single year — and that number only counted what victims actually reported to the FBI's IC3. The real figure is almost certainly multiples higher. I've spent the last
In February 2021, the FBI warned that threat actors were sending fake text messages impersonating banks, delivery companies, and even state unemployment agencies — all designed to steal credentials and drain accounts. These weren't theoretical risks. The FBI's Internet Crime Complaint Center (IC3) reported over $54 million
