In today’s digital age, scammers are constantly devising new ways to defraud innocent individuals, and one of their tactics involves text scams. These fraudulent messages can trick you into sharing sensitive information or lead you to malicious websites. At Choice One Community Credit Union, we prioritize the security of our members’ financial information. In this blog post, we will provide examples of recent text scams and practical tips to help protect your hard-earned money.
Text Scam Examples
Text messages sent by scammers are designed to create a sense of urgency. For example, asking the targeted individual to verify a large purchase they did not make, a message offering a free gift, or even fake messages from USPS, UPS, or FedEx featuring fake claims of delivery issues. It’s essential not to engage with suspicious text messages. Do not click on any links or answer any questions. Scammers are often standing by, waiting to call, posing a fake fraud department or customer support. Clicking on fraudulent links often leads to the installation of harmful malware onto the user’s phone, enabling a scammer to steal personal and financial information without the victim even knowing it. If you believe that a text you receive may be a scam, verify its authenticity by using the contact information on the company’s official website. Click here to learn more about the top text scam of 2022.
Tips to Avoid Text Scams
Stay Cautious of Unknown Senders
Exercise caution when receiving text messages from unknown or unfamiliar numbers. Legitimate organizations, including Choice One Community Credit Union, will never reach out to request personal or account information through text messages, phone, or email. If you receive such a message, do not respond.
Verify the Source
If you receive a text claiming to be from your credit union or another company, independently verify its authenticity. Use the verified contact information available on the company’s official website to reach out to the institution or business. By confirming directly, you can ensure the legitimacy of any communication.
Guard Your Personal Information
Be vigilant about protecting your personal and financial information. Never share sensitive data such as Social Security numbers, account numbers, or online banking credentials via text messages. Legitimate financial institutions prioritize secure channels like encrypted online platforms or secure phone lines for such communication.
Avoid Clicking Suspicious Links
Beware of text messages containing links, especially if they appear suspicious or come from unknown sources. These links can direct you to fake websites designed to steal your information or install malware on your device. Always exercise caution and refrain from clicking on any links in unsolicited texts.
Enable Two-Factor Authentication
Protect your accounts by enabling two-factor authentication whenever possible. This security measure adds an extra layer of protection by requiring you to provide a unique verification code or biometric data in addition to your regular login credentials.
As the digital landscape continues to evolve, it’s crucial to remain vigilant against text scams aimed at defrauding unsuspecting individuals. By implementing the tips provided by Choice One Community Credit Union, you can protect yourself from falling victim to text scams and safeguard your finances. Remember to exercise caution, verify the source, and never share sensitive information through text messages. At Choice One, we are committed to ensuring the security of our members’ financial well-being. Together, let’s stay informed, stay cautious, and keep our financial transactions secure in an increasingly connected world.