Vishing Scam Hits FDIC

Analysts Say Socially Engineered Schemes on the Rise


By Tracy Kitten, Managing Editor

Telephone-based phishing, or vishing scams are quickly ranking among the most popular socially-engineered schemes perpetrated by fraudsters. The latest target: The Federal Deposit Insurance Corp., which last week warned of a vishing scam that is duping consumers.


According to the FDIC's statement, the criminals behind the vishing calls allegedly told consumers they were delinquent in loan payments that had been applied for over the Internet or made through a payday lender. The loans may or may have not even existed, giving the vishers opportunity to collect personal information to confirm the authenticity of the loans. Recipients of the calls said the vishers requested everything from Social Security numbers to dates of birth.

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