According to estimates, India ranks among the largest markets for SMS phishing, amid a growing mobile user base and low phone tariffs. Some industry estimates say one of every 12 people is vulnerable every month to phishing. More than 120-150 million phishing messages are sent every month, with 60-75 million unique citizens vulnerable to attacks. Roughly 300,000 people get scammed, but only 35,000-45,000 report these incidents.
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