Privacy Tip #440 – Text Scam Proceeds Surpass $470M in 2024

Robinson+Cole Data Privacy + Security Insider
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I have been getting a lot of texts that are clearly scams, and those around me have confirmed an increase in spammy texts.

According to an FTC Consumer Protection Data Spotlight, individuals lost over $470 million resulting from text scams. The top text scams of 2024 that accounted for half of the $470 million lost by consumers to fake texts included:

  1. Fake package delivery problems;
  2. Phony job opportunities;
  3. Fake fraud alerts;
  4. Bogus notices about unpaid tolls; and
  5. “Wrong number” texts that aren’t.

According to the FTC, actionable ways to help stop text scams include:

  • Forwarding messages to 7726 (SPAM). This helps your wireless provider spot and block similar messages.
  • Reporting it on either the Apple iMessages app for iPhone users or Google Messages app for Android users.
  • Reporting it to the FTC at ReportFraud.ftc.gov.

How can you avoid text scams?

Never click on links or respond to unexpected texts. If you think it might be legit, contact the company using a phone number or website you know is legitimate. Don’t use the information in the text message. Filter unwanted texts before they reach you.

Remember that texts are just like emails and can be used for smishing instead of phishing. Treat them the same—with a healthy bout of caution and vigilance to avoid being victimized.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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