Vishing: How hackers and cybercriminals use voice calls to steal money from your bank account

According to a recent report from cybersecurity firm CloudSEK, cybercriminals are integrating ‘vishing‘ techniques (voice phishing) with emerging OTP grabber services to escalate their malicious activities. Cybercriminals are using these techniques to manipulate the users into revealing their one-time passwords.
Here’s everything you need to know about this online scam technique.
What is Vishing?
Vishing, which stands for voice or VoIP phishing, is a form of cyber attack that manipulates voice and telephony technologies to deceive specific individuals into divulging sensitive information to unauthorised entities. Fraudsters contact the victim pretending to be calling from trusted sources like bank/ income tax/ Gas agency etc.
They ask victim’s for bank account details & collect financial information about debit/credit cards, expiry date etc. The fraudster tells the victim to share OTP sent on mobile for depositing the amount. Once the victim shares the OTP, money is deducted from their account.
How you can stay safe from a vishing attack
You can follow the below mentioned tips in order to stay safe from a potential vishing attack.
– Never share OTP, PIN, CVV, Debit/Credit card details with anyone. Do not share any OTP/UPI PIN for receiving money.
– Do not respond to any calls asking to confirm or share bank accounts, credit/debit card details or sensitive information.
– Do not provide personal information in order to receive prize/ lottery/ gifts/ updating KYC etc.,
– Do not call the numbers of service providers randomly found in search engines as they can be fake numbers.
– Use the customer care service numbers available on authorized websites of the institute/ organisations/ banks etc.
– In case of any incident, users should call 1930 and change the password of their account immediately or block the card/ freeze the account to prevent financial loss.
– Users should regularly review bank & credit card statements & report any irregularities.
– Beware of calls asking to share personal information or asking to install any remote access apps on the pretext of helping.

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Swift Telecast is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – swifttelecast.com. The content will be deleted within 24 hours.

Leave a Comment