November 17, 2021
Business

Alert! Text messages scams double over previous year | News

As Key Biscayners turn to their cell phones more to conduct their personal business, and many banks and utilities sites verify users’ accounts through text messages, fraud through text has increased exponentially.

Scam messages many times look legitimate and are even expected.

More and more, “Smishing,” or SMS phishing, is being utilized to trick people into turning over their personal information.

Scammers do this by sending trick text messages, and once their goal is accomplished, they use the information for all sorts of fraud, such as taking money from their bank account or opening credit cards in their name.

The Federal Trade Commission received 334,833 complaints about scam texts last year, more than double the year before.

According to the…

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