Keeping an Eye Out for Telcom Attacks

Monday, Aug 5, 2024

Summary

Voice Over Internet Protocols (VoIP) is one-way threat actors attempt to trick unsuspecting consumers into sharing their confidential information, such as usernames, passwords, bank account information, and the like. These actors frequently use “ID Spoofing” as vehicles in their attack campaigns.

ID Spoofing is when a caller deliberately falsifies the information transmitted to a caller ID display to disguise their identity. Scammers often use “neighbor spoofing” so it appears that an incoming call is coming from a local number or spoof a number from a company or a government agency that the victim probably knows and trusts. Then they use scam scripts to try to steal money or valuable personal information that can be used in fraudulent activity.

Smishing is a similar form of social engineering fraud, but it exploits SMS, or text, messages rather than VoIP. In a smishing scheme, the scammer purports to be a known entity and texts a link to such things as webpages, email addresses, or phone numbers that, when clicked, automatically open a browser window or email message or dial a number. This integration of email, voice, text message, and web browser functionality increases the likelihood that users will fall victim to engineered malicious activity.

To continue to read the full article provided by FS-ISAC, click here.

You May Like

Federal cybersecurity office releases tips for consumers on avoiding holiday scams

Federal cybersecurity office releases tips for consumers on avoiding holiday scams

The Office of Cybersecurity and Critical Infrastructure Protection has released a consumer advisory on avoiding cyber and online scams during the holiday season, including a warning about suspicious texts or emails claiming to come from financial institutions. OCCIP noted that cybercrime contributed to more than $12.5 billion in losses in 2023, marking a 22% increase from 2022.… Continue reading Federal cybersecurity office releases tips for consumers on avoiding holiday scams

Continue Reading
Do You Practice Safe Checks?

Do You Practice Safe Checks?

Despite the fact that check use has declined by 25%, reports of check fraud have soared. In fact, they’ve nearly doubled since 2021. Criminals are becoming more sophisticated and finding new ways to steal your financial information to gain access to your money. Kirkwood Bank & Trust is committed to helping our customers use checks… Continue reading Do You Practice Safe Checks?

Continue Reading
Can You Spot a Phishing Scam?

Can You Spot a Phishing Scam?

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online and mobile banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $10… Continue reading Can You Spot a Phishing Scam?

Continue Reading
Protecting Vulnerable Adults

Protecting Vulnerable Adults

Elder abuse refers to an intentional or negligent act by any person that causes harm or a serious risk of harm to an older adult. The trauma of elder abuse can result in premature death, the deterioration of physical and psychological health, destruction of social and familial ties, devastating financial loss, and more. Older adults… Continue reading Protecting Vulnerable Adults

Continue Reading
Federal cybersecurity office releases tips for consumers on avoiding holiday scams

Federal cybersecurity office releases tips for consumers on avoiding holiday scams

The Office of Cybersecurity and Critical Infrastructure Protection has released a consumer advisory on avoiding cyber and online scams during the holiday season, including a warning about suspicious texts or emails claiming to come from financial institutions. OCCIP noted that cybercrime contributed to more than $12.5 billion in losses in 2023, marking a 22% increase from 2022.… Continue reading Federal cybersecurity office releases tips for consumers on avoiding holiday scams

Continue Reading
Do You Practice Safe Checks?

Do You Practice Safe Checks?

Despite the fact that check use has declined by 25%, reports of check fraud have soared. In fact, they’ve nearly doubled since 2021. Criminals are becoming more sophisticated and finding new ways to steal your financial information to gain access to your money. Kirkwood Bank & Trust is committed to helping our customers use checks… Continue reading Do You Practice Safe Checks?

Continue Reading
Can You Spot a Phishing Scam?

Can You Spot a Phishing Scam?

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online and mobile banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $10… Continue reading Can You Spot a Phishing Scam?

Continue Reading
Don’t Get Scammed – FBI Fraud Alert

Don’t Get Scammed – FBI Fraud Alert

In March 2024, the FBI Internet Crime Complaint Center (IC3) released the 2023 IC3 Annual Report. In 2023, the IC3 received a record number of complaints from the American public: 880,418 complaints, with potential losses exceeding $12.5 billion. Most losses reported to the IC3 are the result of frauds and scams. Review the FBI Fraud… Continue reading Don’t Get Scammed – FBI Fraud Alert

Continue Reading
What should you do if you suspect your email account has been compromised?

What should you do if you suspect your email account has been compromised?

If you think your account has been compromised but you are not sure, it is better to err on the side of caution and follow these steps: Login to your email account and reset your password using a strong password. Use long passphrases to make passwords easier to remember and more secure. Do not use… Continue reading What should you do if you suspect your email account has been compromised?

Continue Reading
What is Ransomware? How Do You Protect Your Family, Data and Devices?

What is Ransomware? How Do You Protect Your Family, Data and Devices?

Ransomware is one of the cyber-attacks that is on the rise in response to the pandemic. Homes are being used as business offices, and computers and networks are being shared by family members. Families are taking classes, doing homework and surfing the web in addition to performing business functions.

Continue Reading