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"Cryptocurrency Wallet Update" Smishing Messages Sent to 260,000 People

"Cryptocurrency Wallet Update" Smishing Messages Sent to 260,000 People
▲ Smishing (The photo above is not related to the article contents.)

Police have launched an investigation after someone gained unauthorized access to the account of a text message forwarding agency and sent malicious scam texts to approximately 260,000 people.

According to the Busan Metropolitan Police Agency yesterday (September 16), text messages prompting users to quickly install an "updated cryptocurrency wallet" were sent in bulk to unspecified individuals at 10:48 AM on September 12.

These messages were sent to a total of about 260,000 people.

The method was designed so that clicking the attached link would lead to a smishing (malicious text message scam) crime aimed at stealing virtual assets.

Police believe that someone gained unauthorized access to the account of a text message agency used by the marketing department of a complex shopping mall in Sasang-gu, Busan, and sent the messages.

This complex shopping mall had outsourced its text messaging operations to the agency to inform customers about discount events and other promotions.

Upon receiving the report, the police secured the text message transmission details from the agency and took measures such as blocking access to the account.

The police are investigating the specific details of the incident, including tracking down the person who illegally accessed the account.
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