What is it about SMS Scams?
The Growing Threat
"SMS scams (or smishing) are rapidly escalating, with 75% of organizations experiencing attacks in 2023. According to the FTC, SMS scams cost consumers $330 million in 2022 alone. One recent attack targeted a bank in Singapore, resulting in a loss of S$13.7 million across 790 victims.
On top of the growing threat, the advent of AI has made the quality of the malicious messages so much harder to detect. In what may be a first in history, bad actors have free access to the most sophisticated computer technology every invented.
That is why Checktxt does takedowns for enterprise customers. Defense is mandatory but going on offense (i.e. takedowns) changes the game.
Why
Studies consistently show that text messages have a significantly higher response rate than emails with text messages having a response rate of around 45% compared to email's 6%.
Furthermore, people tend to respond to text messages much faster, with an average response time of around 90 seconds, while it can take 90 minutes or longer to get a response to an email.
These factors increase the likelihood of someone clicking a bad link being defrauded in the countless ways scammers keep coming up with.
Unique Protection & Seamless Security
Checktxt stands alone as the only solution that guards against SMS scams without requiring account setup or app downloads. It's also the exclusive tool that protects against increasingly sophisticated political donation scams that traditional security measures miss.
With Checktxt, protection is instant and effortless. The technology works behind the scenes to detect suspicious patterns, flag potential threats, and block malicious texts before they can cause harm—all without disrupting your daily communications.