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New Scam Alert: 'FakeCalls' Voice Phishing Scam Could Steal Your Bank Account Information

The HTTech reported:  

A new phishing attack is targeting people with scamsters masquerading as bank employees. 

Cybersecurity experts discovered malware known as FakeCalls. which used voice phishing to intercept customer support calls and steal financial data. According to a report by cybersecurity firm Check Point. FakeCalls Trojan uses a scamming technique called Voice Phishing where it pretends to be “one of more than 20 financial applications and imitate phone conversations with bank or financial service employees.”

Prominent financial institutions are targeted by cybercriminals behind the voice phishing attacks. They create imitation, or fake, apps of these companies to increase their chances of finding appropriate victims. When the victim downloads the FakeCalls malware, they are unaware that the "trustworthy" internet banking application from a reputable organization has hidden traps.

Find the original article and read more here.

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