New Smart Ring by Samsung, Common Home Buying Scams, and More.

by | Jul 11, 2024 | This Week in Tech

This Week In Tech, we talk the new smart ring by Samsung, phishing attacks on Apple users via text messages, and 8 scams to avoid when selling your home.

Samsung is the first tech giant to introduce a smart ring

Samsung aims to attract enthusiasts of fitness and health-tracking technology with its latest wearable, the Galaxy Ring. Unveiled at the Galaxy Unpacked event on Wednesday, the device joins Samsung’s ecosystem of AI-enhanced products. Smart rings, like the Galaxy Ring, monitor health metrics such as heart rate, sleep patterns, and menstrual cycles. Analysts suggest these compact and stylish devices could potentially surpass smartwatches like the Apple Watch and Google Pixel Watch. Samsung describes the Galaxy Ring as its smallest and most discreet product yet, promising precise 24/7 tracking of health, wellness, and sleep.

Read More: BBC

A new phishing attack targets Apple users via text messages

Apple users should be cautious of a new phishing scam attempting to obtain personal information through text messages. Security software company Symantec issued a recent alert, noting that scammers posing as Apple service representatives send texts containing a link to a fake iCloud login page. If users enter their information, they risk scammers gaining control of their devices, accessing personal and financial data, and making unauthorized purchases, Symantec cautioned. Apple reiterated that it never requests personal data via text messages and advised users to treat any unsolicited messages as potential scams unless actively engaged with Apple support. If concerned about being targeted, Apple provides support services on its website and encourages users to report suspicious texts or emails promptly.

Read More: New York Post

8 common scams home sellers should be aware of

Below are scams where fraudulent or deceitful buyers attempt to persuade you that they intend to buy your home. While their methods may vary, their ultimate objective remains consistent: to deceive you and steal your money.

  1. The foreign or over-seas buyer
  2. The over enthusiastic yet unavailable buyer
  3. The buyer who bombards you with excessive details
  4. The buyer who adds more money than asking to the check
  5. The bogus investor buyer
  6. The fraudulent wire transfer buyer or seller
  7. The buyer who focuses on title or deed issues
  8. The offer promising foreclosure relief

Read More: Homelight

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