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

[Legal Beagles]

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. […]

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