On Aug 3rd, Chinese social media websites reported on the latest and largest SMS phishing (smishing for short) attack in China. The public security authorities of multiple cities in Guangdong, Jiangxi, and Jiangsu provinces have posted on their blogs warning Android users of this latest phishing attempt. As shown in Fig. 1, by the time the exploitation attempts were identified, over 100,000 Android users were infected and over 20 Million SMS were sent by the phishing malware. On average, each user was charged ¥30 (RMB) or about US$5.
more here.............http://www.fireeye.com/blog/technical/2014/08/the-history-of-xxshenqi-and-the-future-of-sms-phishing.html
more here.............http://www.fireeye.com/blog/technical/2014/08/the-history-of-xxshenqi-and-the-future-of-sms-phishing.html