In this episode of Financial Advisors Say The Darndest Things, host A.B. Ridgeway dives into the growing threat of scam texts from unknown numbers and how they can jeopardize your phone, data, and financial security. From fake "hello" messages to malware-filled photos, these scams are designed to lure you into a trap. Tune in to learn how to avoid falling victim and keep your personal information safe.

Key Takeaways:

Beware of Unknown Texts: Even a simple message like "Hi, how are you?" from an unknown number could lead to malware installation if you engage with it.
Don't Download Unknown Images: Hackers often send photos loaded with malware that can track your keystrokes, steal passwords, and lead to identity theft.
Take Precautions: Always delete suspicious messages, report them as junk, and install antivirus software on your phone to detect potential threats.

Memorable Quotes:

"Even a simple ‘hello’ text from an unknown number can be the start of a serious security breach."
"Once you engage with the scammer, you've just validated that your number is active, making you a prime target for future attacks."
"We spend so much time on our phones, but most of us don’t protect them with antivirus software like we do our computers."

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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

Video/Audio Credit: ABC7