10 things you can do to avoid being a texting scam victim
Scammers love texting — that’s why you get so many texts
It starts as an innocuous text message like the one below. People click on these links for several reasons, the main ones being they think it’s from their bank or that they are busy at work and let their guard down. The term smishing is when a scammer sends text messages pretending to be from a trusted source.
And on any given day, tens of millions of scam texts go out. And even if but .0001% of these scams succeed, that leaves 1,000 victims. Scammers in third-world countries can make a lifetime of wages off a single con, so the incentives are significant. Combine with the US telcos that refuse to put adequate controls in places to stop smishing, robocalls, and other scams, and this won’t be going away anytime soon.
In this case, I got a text that purported to be from Chase and that a new action was required. But why Chase?
Scammers particularly like Chase since they provide financial services to almost half of the households in the US. With over 100 million potential victims, that spells success for a scammer…