Have you received a phone call asking you to share your bank details? Welcome to the world of vishing! Find out here how you can avoid such attacks. We have all received those regulatory government messages at some point; the ones that tell us not to share our personal details over the phone.
Why does such a threat exist? It is due to vishing or ‘voice phishing’. Vishing is a scam via which someone can get you to share personal information on a phone call. It is the telephonic variant of phishing. Let us find out why this can be dangerous in the hacker-friendly universe.
According to Bill Murphy’s 2018 statistics, nearly 30% of all incoming calls were scams. 75% of these scam victims also revealed that such vishers already had some personal information about them beforehand.
What threat can sharing such information through the phone cause you? Scammers can cleverly socialize with you to get you to share your personal and financial information like OTPs, passwords, account numbers, social security numbers, etc. You would be aware of email phishing attacks. A visher does the same thing over the phone.
An attacker can make their phone number appear legitimate by ID spoofing; a technique that manipulates caller IDs to appear authentic. This is way more viable than email phishing since many such calls can be made simultaneously using VoIP. There are multiple ways they could get you to succumb to their pretentions.
They would pretend to be a representative from your bank or the government. A master at his game can easily gain your trust over the phone. With the information you have innocently shared with them, attackers can carry out crimes like identity theft and robberies.
Technology has surely made lives easy for us. A cashless economy and trouble-free access to nearly everything are all admirable changes brought about by it. Alongside such boons are the huge pitfalls that one could fall into. One of such potential risks is vishing. Therefore, it is important to be able to avoid such scams. Here are ways in which you can prevent visher threats by recognizing them.
Keep an ear out for urgent phone calls that seem in dire need of your personal information. They may tend to make you believe that you are in some sort of trouble. If this seems strange, trust your gut. Many vishers also pretend to be insurance agents and telemarketers.
In this world of immense possibilities, it is also plausible to be deceived rather easily. Therefore, it is up to us to stay safe. Be cautious of such fraud calls and keep your information personal.