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…

HYDERABAD: Authorities have successfully dismantled a fraudulent international call center in Hyderabad, resulting in the arrest of 115 individuals belonging to an interstate gang.

This group allegedly engaged in scamming US citizens by posing as representatives of a prominent e-commerce company, as reported by the Cyberabad Police on Friday.

Acting on credible intelligence, law enforcement teams executed raids on the illicit call center premises, apprehending 115 cyber criminals who had been operating a scheme targeting American nationals through Voice over Internet Protocol (VoIP) calls. Over a span of two and a half years, these “fraudsters” had reportedly swindled unsuspecting victims, Cyberabad police commissioner M Stephen Raveendra said…

March 5, 2018

WASHINGTON: Indian embassy telephone lines have been spoofed by fraudsters in the US to cheat people for money, according to an advisory issued by mission which warned against entertaining any suspicious calls.
The Indian Embassy here has informed the US Government about it and launched its own internal investigation.

It also issued a rare public advisory on such fraud calls that has cheated people with money, thus bringing bad name to the diplomatic mission…