Spam Text Statistics 2023: Alarming Increase in Spam Texts

As a small business owner myself, I know how disruptive and dangerous spam texts can be. My team and I are constantly bombarded with nonsense texts interrupting our workdays and trying to phish valuable company data. So I took a deep dive into the latest spam text statistics to understand the scope of this growing threat. What I found is disturbing for any business or consumer relying on their mobile device.

Spam Texts Skyrocket in 2024

  • Over 2 billion spam texts are sent globally every day in 2024 so far, according to data from Robokiller. That‘s a shocking 45% increase since just last year.
  • Americans received an estimated 65 billion spam texts in January 2023 alone, per CallProtect.
  • The average US consumer now gets 50-60 spam texts per month, up from 30-40 texts monthly in 2024.
  • 80% of all texts sent could be spam this year, suggest MobileSquared predictions.

Just glancing at my phone, it‘s clear the flood of spam texts is only rising. Our inboxes are overwhelmed with suspicious links, phony alerts, and flat-out scams. For businesses, the implications are even more serious.

Smishing: The New Threat Targeting Businesses

While consumers mostly face annoyances like ads and phony prizes from spam texts, businesses are increasingly targeted by smishing. Smishing uses SMS phishing tactics to trick employees into handing over company data and account access.

Some alarming smishing statistics:

  • 90% of organizations surveyed by Proofpoint reported smishing attacks.
  • Losses topped $100k per impacted organization on average.
  • Most common smishing themes include delivery notifications, COVID-19 alerts, and IT security notices.
  • Over 50% of recipients open smishing texts within 3 minutes.

As a business owner, I now make sure all new employees are trained to spot these scam texts. We‘ve implemented new protocols, like calling to verbally confirm suspicious notifications rather than clicking any links. But smishing texts are getting more sophisticated, often able to spoof real phone numbers and identities. It‘s an ongoing battle.

Here are some of the latest smishing scams I‘m warning my team about:

  • Fake two-factor authentication requests.
  • "Bank account suspended" alerts with phony login pages.
  • Notifications of compromised usernames and passwords.
  • Alerts about unpaid invoices or shipping issues.

Staying hyper vigilant about links and requests in any unexpected SMS is now an essential business practice.

Individuals Also Pay the Price

While smishing causes corporate headaches, individuals face their own financial and privacy risks from spam texts.

  • Losses to smishing cost Americans $10 billion in 2021 alone.
  • The average individual loss was $502 per person.
  • 1 in 5 people respond to scam texts with personal information.

Expect those numbers to grow with this year‘s spike in spam volume. It‘s crucial that consumers learn to identify and avoid smishing texts requesting personal details or account access. No legitimate company will initiate requests by text.

Here are a few examples of common spam texts aimed at consumers:

  • Prizes, free gifts, or cash giveaways.
  • Alerts about "suspicious activity" on accounts.
  • Claims that you‘re the "secret shopper" for a store.
  • Messages about unpaid bills or package deliveries.

When in doubt, don‘t click anything within a suspicious text! Report the sender‘s number and move on.

How To Fight Back Against Spam Texts

Between the productivity drain and monetary theft, spam texts present a real risk that must be addressed. Here are my top tips as a business owner for tackling the problem:

For Businesses:

  • Train employees to recognize smishing scams and reporting procedures. Phish testing can identify vulnerable staff.
  • Implement new protocols for how staff handles SMS notifications about accounts or data access.
  • Use security tools to block known spam numbers and suspicious texts.

For Consumers:

  • Don‘t click on any links or provide personal info over text unless you initiated contact.
  • Report spam texts to your phone carrier to potentially block the sender.
  • Use built-in filtering options or third party apps to block spam senders.
  • Never trust offers that sound too good to be true – they always are!

Spam texts may be growing exponentially, but together we can work to protect our inboxes, our data, and our wallets. Stay safe out there!