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Vishing fraud nets £21 million in first five months of 2014

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  • Vishing fraud nets £21 million in first five months of 2014

    In the first five months of this year, some of the UK's main high street banks have reported losses of over £21 million from vishing attacks, wherein consumers are tricked into handing over personal financial information.
    The fresh data equates to over 2000 vishing attacks resulting in an average loss of over £10,000 per victim.

    It coincides with the launch of a new awareness campaign on the dangers of social engineering run by GetSafeOnline in conjunction with major banks, the National Fraud Intelligence Bureau (NFIB) and Action Fraud.

    Read more here ....
    Finextra: Vishing fraud nets £21 million in first five months of 2014

    Any opinions I give are my own. Any advice I give is without liability. If you are unsure, please seek qualified legal advice.

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