Curated News
By: NewsRamp Editorial Staff
October 23, 2025
Cybersecurity CEO Exposes $1B Text Scam on National TV
TLDR
- Frequency Holdings CEO Rick Jordan's national media exposure positions the company as a cybersecurity leader, creating competitive advantage through enhanced brand credibility and market visibility.
- Rick Jordan explained how sophisticated smishing attacks use grammar-checked messages and emotional triggers to manipulate human behavior through precision geo-targeting.
- Frequency Holdings' mission to protect Americans from billion-dollar text scams creates a safer digital world by preventing financial fraud and enhancing cybersecurity awareness.
- Rick Jordan's six-minute national TV segment revealed how criminal groups now operate like corporations using sophisticated social engineering tactics in text scams.
Impact - Why it Matters
This news matters because text message scams represent one of the fastest-growing threats to consumer financial security, with Americans losing billions annually to sophisticated smishing attacks. As mobile devices become increasingly central to daily life and financial transactions, the vulnerability to these targeted fraud schemes affects virtually every smartphone user. The discussion highlights the critical need for both individual awareness and systemic protections from mobile carriers, while also showcasing how cybersecurity expertise is evolving to address human behavioral vulnerabilities rather than just technical weaknesses. For businesses and consumers alike, understanding these emerging threats is essential for protecting personal and financial information in an increasingly digital world where criminals employ corporate-level strategies to exploit trust and urgency.
Summary
Rick Jordan, CEO of Frequency Holdings Inc. (OTC: FRQN) and its cybersecurity subsidiary ReachOut Digital Intelligence, made a significant appearance on NewsNation Prime to address a massive $1 billion nationwide text message scam detailed in a Wall Street Journal report. During the unusually long six-minute segment, Jordan served as the leading cybersecurity expert explaining how sophisticated "smishing" attacks using fake toll notifications and other mobile fraud schemes have defrauded countless Americans. The CEO emphasized that modern cybersecurity extends beyond traditional firewalls and software to encompass human awareness and behavioral understanding, noting that criminal organizations now operate with corporate-level precision using grammar-checked messages and emotional triggers to manipulate victims.
Jordan used his national platform to call for stronger accountability from major mobile carriers and greater consumer choice in mobile protection services, stating he would "gladly pay a few dollars a month to stop these attacks before they ever reach a phone." This high-profile appearance on NewsNation builds on Jordan's established media presence across major outlets including Bloomberg, FOX Business, Cheddar, and CBS News, where he has become a trusted commentator for translating complex cybersecurity threats into actionable insights for both consumers and businesses. The exposure significantly elevates the visibility of both Frequency Holdings and ReachOut as credible forces in cybersecurity, compliance, and AI-driven digital defense.
The media coverage reinforces Jordan's position as a go-to expert who bridges the gap between technical cybersecurity concepts and public understanding, while simultaneously strengthening the corporate brands he leads. As Jordan noted, "Being trusted by national networks to interpret billion-dollar cyber issues is a reflection of the same trust our clients place in us." The segment also provided valuable exposure for ReachOut's innovative approach to cybersecurity, which operates under a post-MSP model delivering outcome-based Licensed Protection through unified, AI-driven software architecture that combines cybersecurity, compliance enforcement, and expert advisory services.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Cybersecurity CEO Exposes $1B Text Scam on National TV
