India, March 12 -- The Federal Bureau of Investigation (FBI) sent a nationwide alert in the United States on Wednesday, warning smartphone users against "smishing texts," a new sophisticated scam that aims to steal their personal and financial information.

The Federal Trade Commission (FTC) has also cautioned against these scams, stating, "Not only is the scammer trying to steal your money, but if you click the link, they could get your info and even steal your identity."

Over 10,000 domains have been reportedly registered by cybercriminals to implement this scam, through which links are sent which warn users against an overdue payment or entice them with exciting offers, reported the New York Post.

Targets are sent a text message dema...