What's Happening?
The Better Business Bureau has issued a warning regarding a scam involving fake FedEx text messages. These messages claim that a package delivery requires a signature and direct recipients to click on a link to reschedule the delivery. The link leads to a fraudulent website designed to steal personal information or download malware. The Federal Trade Commission reported that consumers lost $470 million to text message scams in 2024, a significant increase from previous years. The BBB advises consumers not to reply to unexpected texts and to report them using their phone's 'report junk' option.
Why It's Important?
Text message scams are increasingly prevalent, with fake package delivery notifications being the most common. These scams exploit the high open rates of text messages, which can reach up to 98 percent. The financial impact on consumers is substantial, with millions lost annually. The rise in such scams highlights the need for increased consumer awareness and vigilance. As these scams often target personal information, they pose a significant risk to identity security and financial stability.