Answer: Another Way To Get Your Information
Voice phishing, or vishing What is a vishing attack? Vishing is the social engineering approach that leverages voice communication. This technique can be combined with other forms of social engineering that entice a victim to call a certain number and divulge sensitive information. Advanced vishing attacks can take place completely over voice communications by exploiting Voice over Internet Protocol (VoIP) solutions and broadcasting services. VoIP easily allows caller identity (ID) to be spoofed, which can take advantage of the public’s misplaced trust in the security of phone services, especially landline services. Landline communication cannot be intercepted without physical access to the line; however, this trait is not beneficial when communicating directly with a malicious actor., is the use of telephony (often Voice over IP telephony) to conduct phishing attacks.
Landline telephone services have traditionally been trustworthy; terminated in physical locations known to the telephone company, and associated with a bill-payer. Now however, vishing fraudsters often use modern Voice over IP (VoIP Stands for Voice Over Internet Protocol is a way to make and receive phone calls using a broadband internet connection instead of a traditional phone line.) features such as caller ID spoofing Spoofing occurs when a caller maliciously transmits false caller ID information to increase the likelihood that you'll answer. Scammers often spoof local numbers, private companies, government agencies and other institutions. It can also apply to pretending to be an email address, or through other media. and automated systems (IVR) to impede detection by law enforcement agencies. Voice phishing is typically used to steal credit card numbers or other information used in identity theft Identity theft is when someone uses another person's personal identifying information, without their permission, to commit fraud or other crimes. In both the U.K. and the United States it is the theft of personally identifiable information. Identity theft deliberately uses someone else's identity as a method to gain financial advantages or obtain credit and other benefits, and perhaps to cause other person's loss. The person whose identity has been stolen may suffer adverse consequences, especially if they are falsely held responsible for the perpetrator's actions. Personally identifiable information generally includes a person's name, date of birth, social security number, driver's license number, bank account or credit card numbers, PINs, electronic signatures, fingerprints, passwords, or any other information that can be used to access a person's financial resources. schemes from individuals.
Usually, voice phishing attacks are conducted using automated text-to-speech systems that direct a victim to call a number controlled by the attacker, however, some use live callers. Posing as an employee of a legitimate body such as the bank, police, telephone or internet provider, the fraudster A Scammer or Fraudster is someone that engages in deception to obtain money or achieve another objective. They are criminals that attempt to deceive a victim into sending more or performing some other activity that benefits the scammer. attempts to obtain personal details and financial information regarding credit card, bank accounts (e.g. the PIN), as well as personal information of the victim. With the received information, the fraudster might be able to access and empty the account or commit identity fraud In law, fraud is intentional deception to secure unfair or unlawful gain (money or other assets), or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, for example by obtaining a passport, travel document, or driver's license, or mortgage fraud, where the perpetrator may attempt to qualify for a mortgage by way of false statements.
A fraud can also be a hoax, which is a distinct concept that involves deliberate deception without the intention of gain or of materially damaging or depriving a victim.. Some fraudsters may also try to persuade the victim to transfer money to another bank account or withdraw cash to be given to them directly.
Callers also often pose as law enforcement or as an Internal Revenue Service employee. Scammers often target immigrants and the elderly, who are coerced to wire hundreds to thousands of dollars in response to threats of arrest or deportation. Bank account data is not the only sensitive information being targeted. Fraudsters sometimes also try to obtain security credentials from consumers who use Microsoft or Apple products by spoofing the caller ID of Microsoft or Apple Inc..
Audio deepfakes have been used to commit fraud, by fooling people into thinking they are receiving instructions from a trusted individual.