Users Receive Spam Messages from their Own Number, Verizon Confirms

The Verizon store in Superior, Colorado, US, July 27, 2017. REUTERS/Rick Wilking
The Verizon store in Superior, Colorado, US, July 27, 2017. REUTERS/Rick Wilking
TT
20

Users Receive Spam Messages from their Own Number, Verizon Confirms

The Verizon store in Superior, Colorado, US, July 27, 2017. REUTERS/Rick Wilking
The Verizon store in Superior, Colorado, US, July 27, 2017. REUTERS/Rick Wilking

The wireless carrier Verizon blamed “bad actors” for thousands of spam text messages recently received by its customers and said it was working with federal law enforcement agencies to try to identify the source.

The telecom giant confirmed in a statement on Wednesday that its customers had been targeted by the ‘rogue texts’ offering them a gift.

Some users had reported being forwarded to Russian state media sites when they clicked on links in the texts, but Verizon was treating the texts as a more typical phishing scheme aimed at defrauding consumers.

“As part of a recent fraud scheme, bad actors have been sending text messages to some Verizon customers which appear to come from the customers’ own number,” the statement said. “Our company has significantly curtailed this current activity, but virtually all wireless providers have faced similar fraudulent activity in recent months.”

The scheme highlighted a steady rise in the number of complaints filed with the federal government by consumers who said that they were the victims of spam text messages. Verizon spokesman Rich Young told The New York Times that Verizon had blocked one of the numbers that sent some of the messages, but that the source was continuing to use other numbers to spam customers.

There was no indication, Mr. Young said, that the messages came from Russia, which has become suspected of carrying out cyberattacks amid that country’s ongoing invasion of Ukraine.

Security experts generally advise against clicking on links sent from strange or unrecognized accounts. The intent of the fraudulent solicitations is to get people to enter their credit card information, Young said. The F.B.I. declined to comment on Wednesday, as did the Secret Service, while T-Mobile said that it had found no evidence of its customers receiving the text messages.

In 2021, the Federal Trade Commission said that it received 377,840 reports of fraud stemming from text message solicitations, with losses totaling $131 million.



EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
TT
20

EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo

The European Investment Bank is likely to announce on Friday plans to pump 70 billion euros into the development of European technology firms over the next three years, EU officials said.

The program, called Tech EU, is meant to help Europe compete with China and the United States in the race for innovative clean and digital technologies.

The EIB, the biggest multilateral lender in the world with a balance sheet total of 556 billion euros, expects its own 70 bln euros to mobilize a further 250 billion euros of private cash as investors crowd into projects supported by the EIB, Reuters quoted EU officials as saying.

The 70 billion is to be split into 20 billion euros for equity and quasi-equity, 40 billion euros for loans and 10 billion for guarantees in 2025-2027, the officials said.

The plan is to complement European Commission efforts to support higher risk ventures and innovative companies throughout their investment journey, from proof of concept to an initial public offering.

The EIB wants to focus on supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green industries such as offshore wind, health, security and defense technologies, robotics and advanced materials, the officials said.