FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -What Is Vishing? Vishing-or voice phishing-is the use of fraudulent phone calls to trick people into giving money or revealing personal information. It’s a new name for an old problem-telephone scams. Vishing frequently involves a criminal pretending to represent a trusted institution, company, or government agency.

Detailed explanation-2: -Vishing (voice or VoIP phishing) is an electronic fraud tactic in which individuals are tricked over the phone into revealing critical financial or personal information to unauthorized entities. A vishing attack can be conducted by voice email, smartphone, VoIP (voice over IP), or landline phone.

Detailed explanation-3: -In voice phishing-or “vishing”-scams, callers impersonate legitimate companies to steal money and personal and financial information. And these scams are on the rise. In fact, the Federal Trade Commission reports that 77 percent of its fraud complaints involve contact with consumers by telephone.

Detailed explanation-4: -Vishing is defined as a cybersecurity attack where a malicious entity contacts the victim over the phone and tries to gain their trust through social engineering practices to elicit confidential data, extract funds, or harm the individual in any other way.

Detailed explanation-5: -Often referred to as voice phishing, cyber criminals use savvy social engineering tactics to convince victims to act, giving up private information and access to bank accounts. Like phishing or smishing, vishing relies on convincing victims that they are doing the right thing by responding to the caller.