Everything worth knowing, nothing that isn't.
Why smishing works
SMS is a trusted, high-open-rate channel, messages are short and urgent ('your parcel is held', 'confirm this transaction'), and the sender field is easy to spoof on grey routes — so a fake 'from' can mimic a real bank. The combination of trust, time-pressure, and spoofability makes smishing one of the most cost-effective attacks going. See /answers/what-is-sender-id-spoofing and /answers/what-is-grey-route-sms.
How operators fight it
The operator SMS firewall inspects content and URLs, enforces sender-ID whitelists, blocks known malicious shorteners, and shares fraud intelligence through GSMA channels. Verified-sender channels such as RCS Business Messaging remove spoofing entirely by cryptographically binding the brand to the message. See /operators/sms-firewall and /answers/what-is-rcs-business-messaging.