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Thursday, July 1, 2010

Whats is Phone Phishing Attacks | Voice Phishing Attacks


A couple of readers have written in to say they recently received automated telephone calls warning them about fraud on their credit card accounts and directing them to call a phone number to “verify” their credit card numbers. These voice phishing attacks, sometimes called “vishing,” are a good reminder that today’s scam artists often abuse a range of modern technologies to perpetrate old-fashioned fraud.

Phone phishing schemes often begin with a pre-recorded message that prompts the recipient to call a supplied telephone number — frequently a toll-free line. Usually, the calls will be answered by bogus interactive voice response system designed to coax account credentials and other personal information from the caller.

Lures for these telephone phishing attacks also are sent via text message, a variant also known as smishing. Indeed, the Sacramento Bee warned last week that residents in the area were receiving text messages spoofing the Yolo Federal Credit Union.

A new report (PDF) from anti-phishing vendor Internet Identity found that credit unions continue to be a favorite target of smishing attacks, and that text-to-phone scams used a toll-free number in about half of the lures sent in the first quarter of 2010.

Internet Identity also tracked at least 118 smishing attacks in the first quarter of 2010, although the company said that number represents a 40 percent drop in these scams over the last three months of 2009.

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