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Title: Beware of These Emerging Information-Stealing Scams
United States, 4th Jul 2024, King NewsWire - When it comes to information-stealing scams, there's a mix of good news and bad news. The good news is that the overall number of identity theft incidents is decreasing. According to Motley Fool, there were 1.036 million identity theft reports in 2023, down from 1.107 million in 2022 and 1.4 million in 2021. However, the bad news is that scammers are becoming increasingly sophisticated, making it essential to remain vigilant in protecting our personal information.In this article, we'll explore some of the most common information-stealing scams to help you stay aware and protect yourself.Text Message ScamsText message scams, also known as SMS phishing or "smishing," have gained popularity among scammers due to the widespread use of smartphones. These messages often appear to come from legitimate sources, such as banks or financial institutions, and aim to trick recipients into revealing personal information or clicking on malicious links.Example: Fake Account AlertsA common text message scam involves fake account alerts. Scammers send texts claiming there is suspicious activity on your bank account and urge you to click on a link to verify your information. The link, however, leads to a fraudulent website designed to steal your login credentials. Scammers may also impersonate other financial apps, such as Venmo or PayPal.To avoid falling victim to these scams, keep these tips in mind:Verify the Sender: Legitimate financial institutions typically use recognizable phone numbers or official shortcodes for their messages. If the sender's number seems unfamiliar or suspicious, it is likely a scam.Think Before Clicking: Avoid clicking on links in unsolicited messages, especially if they claim urgent action is required. Instead, inde...
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