The latest in Fraud “Voice Phishing”

Posted: October 28, 2007 in Phishing spoofing
Tags: , , ,

Awe don’t you love those guys who use E-Mails as bait. Fraud artists from all over the globe have been Spoofing web sites; crafting legit appearing E-Mails giving the impression that they represent fortune 500 companies, all in an effort to steal your personal information.

Thanks to the efforts of numerous institutions and concerned Web users, the general public is much more informed and vigilant of this activity. Needless to say that fraud artists are having to reinvent their approaches; the latest of these being what is now known as “Voice Phishing”.

This approach adds a new curve to the standard approaches we have been seeing for some time now. Basically; instead of placing a Spoofed web site link in the E-mail, identity thieves will now place a phoney telephone number for the recipient to contact. This number leads to a voice automated service where you will be prompted to enter your personal information. Nice touch uh!

These voice phishers can be quite sophisticated. One site, now zapped out of order, had a particularly slick approach. A spammed E-mail was circulated prompting the recipient to visit a site offering advice on how to spot fraud and spoofing on the internet. A brief few simple rules on how to spot Phishing were offered and then the recipient was asked to subscribe to a newsletter which would keep you up to date on the latest frauds. All one had to do was call the toll free number and for only $1.95 a month or $14.95 a year you become a member.

You guessed it! Don’t look for the charge on your next credit card bill, but rest assured that a whole lot of other charges will be there none of which you made.

It just goes to show that one can never be too vigilant.

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