Every year, thousands of people fall victim to vishing attacks conducted by malicious actors. In fact, the TrueCaller Insights 2022 U.S. Spam & Scam Report stated that 1 in 3 Americans (33%) report having ever fallen victim to phone scams. Along with this, as many as 68.4 million Americans (26%) reported losing money from phone scams. Up from 59.4 million (23%) in the year prior.
These statistics are no doubt very concerning and may lead to some questions; What do these kinds of scams look like, what can I do to protect myself? In this article, we will be discussing 4 different forms of vishing attacks that we see most commonly nowadays. We will discuss the approach scammers may take with these, along with how to protect ourselves from their attacks.
RobocallsRobocalls are the most well-known form of a vishing attack. They are often a pre-recorded call played back to every single person that is dialed or to the voicemail it reaches. The voice asks for personal information or may claim to be representing a business or government agency.
These types of scams are becoming increasingly common to spot that most people simply hang up when they receive them. However, statistics show that in 2022, the amount of people that fell victim to a robocall and lost money increased to 61.1% from 60% in 2021. This goes to show that even robocalls are still a viable means that scammers use to prey on the public.
To protect yourself from robocalls, consider the following steps:
Tech Support CallsTech Support calls usually involve scammers posing as representatives from reputable companies, such as internet service providers or software providers. They may call claiming that your computer or device has a technical issue and request remote access or payment to fix the problem. If the caller is aware of products that you may use such as streaming services and subscriptions, they may choose to call regarding “changes to your account”.
When it comes to corporations, Tech Support calls are some of the most common. In attempt to compromise an employee of a company, a scammer may pose as someone from an internal IT help desk to “fix” some problems on the employee’s computer. They may even impersonate the real help desk line by using spoofed numbers or even the names of individuals affiliated with it.
To protect yourself from tech support calls:
Caller ID SpoofingCaller ID Spoofing, as mentioned briefly above, is a technique that is used by scammers to manipulate the caller ID displayed on your phone’s screen, making it appear as if the call is coming from a trusted source. The trusted source may be a tax agency, police department, hospital or even a relative that you may have saved in your contacts. This tactic can create a sense of urgency to deceive individuals into sharing sensitive information or making payments.
For example, scammers have used Caller ID Spoofing to impersonate a police department calling about a family member needing a payment to be bailed out of jail. They can even make it look like the call is coming from a family member’s phone. Perhaps they call claiming the relative has been in a bad accident, and that they need information to give to the hospital or paramedics. Nowadays, it is very easy to find phone numbers associated with someone, especially with websites such as TruePeopleSearch, WhitePages, and 411.com.
To protect yourself from caller ID spoofing:
AI-Based VishingAs technology advances, so do the techniques employed by scammers. AI-based vishing, a sophisticated form of voice phishing, poses a significant threat in the digital landscape. By leveraging artificial intelligence technology, scammers are able to manipulate human-like voices to deceive unsuspecting individuals. With the ability to mimic accents, speech patterns, and emotions, scammers can create convincing scenarios that manipulate victims into divulging personal information, providing access to accounts, or initiating financial transactions.
This method of vishing typically triggers an emotional response in the victim, hijacking their power of reason. Combining the use of an AI-generated voice and a spoofed caller ID, an attacker could even pose as someone the victim may know very well. This has been used to convince a target that their family member or close friend may be in danger. Never underestimate the lengths a truly malicious actor may go to get what they want.
To protect yourself from AI-based vishing:
The Bottom LineIndeed, vishing scams are not to be taken lightly. From robocalls to AI-based vishing, scammers have found effective avenues of successfully compromising their unsuspecting victims. Which is why knowing about the tactics they use and the avenues they take is so important. As times change, different kinds of malicious scams evolve. Awareness of these scams helps us to prepare before such an attack is launched against us, so we’re not caught off-guard. Remembering the steps we learned in this article will help us to stay vigilant, think critically, and avoid being duped by malicious actors.
Written by: Josten Peña
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