Galaxy S6 360 Security being overprotective?

I recently installed the 360 Security app for my Galaxy S6 and I can't tell if the "threats" it detected are actual malware on my device or just precautions against malware. It says I may receive fraudulent texts from applications and that my apps have "privacy risk" (it shows vine, snapchat, facebook, stuff like that). It says real time monitoring will be enabled for the texting, so am I surrendering my text privacy or is it just going to be triggered by fraud? All the apps I have are official big name products, so I don't think they're dangerous or need these precautions.
So, bottom line, it looks to me as if it wants me to be safer, not warning me of any ACTUAL malware on the device. Correct?

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