Cybersecurity

Phishing SMS/Text Message Scams on the Rise: Here’s What to Do

Phishing SMS/Text Message Scams on the Rise: Here’s What to Do

Cybersecurity

There’s been an increase in phishing attempts initiated via text or SMS messages, referred to as smishing. In the smishing scam, individuals receive fraudulent text or SMS messages that appear to be from a legitimate source such as your bank or other financial providers.

The fraudulent text attempts to lure individuals to provide their account credentials by indicating that an individual’s account or card has been blocked and includes a link to take action. The link directs to a fake website requesting they enter their account credentials, which fraudsters can then use to gain access to their funds.

Fraudsters are also getting very good at replicating the email format of financial providers to make you think that the email is really from your bank or brokerage firm when in fact it is not. Always be sure to check the actual “From” email address to see who is really sending the email.

Another best practice: instead of clicking on links in these emails, type the known institution’s website address into your browser and log into your accounts from the firm’s website and be sure you are accessing a secure website. Secure websites begin with “https,” not “http”.

Please be cautious when responding to texts or emails, and do not click on attachments and links unless you are absolutely sure it is safe to do so. If you have clicked on a fraudulent link and supplied any credentials, it is strongly recommended that you immediately change your login and password for your financial provider and email accounts and contact your financial provider and email service provider immediately.

We encourage all of our clients to contact us immediately at 775-850-5620 if you have any questions about these scams or if you think you have received one of these phishing messages.

Important Disclosure Information: The information contained within this blog is for informational purposes only and is not intended to provide specific advice or recommendations. Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Schultz Financial Group Incorporated), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Schultz Financial Group Incorporated. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Schultz Financial Group Incorporated is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Schultz Financial Group Incorporated’s current written disclosure statement discussing our advisory services and fees is available for review upon request. Please Note: Schultz Financial Group Incorporated does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Schultz Financial Group Incorporated’s web site or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Where you want to go in life is up to you. How to help you get there is up to us.

Contact us today to start your journey…

Contact

Schultz Financial Group Inc.
10765 Double R Blvd. Suite 200
Reno, NV 89521
Phone: (775) 850-5620
Fax: (775) 850-5639
Email: info@sfginc.com

Where you want to go in life is up to you. How to help you get there is up to us.

Contact us today to start your journey…

Contact

Schultz Financial Group Inc.
10765 Double R Blvd. Suite 200
Reno, NV 89521
Phone: (775) 850-5620
Fax: (775) 850-5639
Email: info@sfginc.com

 

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Copyright © 2019 Schultz Financial Group Inc.

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