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ABA: The American Bankers Association
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What is Vishing?

Introduction

Social engineering is continuing to evolve every day. With the advancements of technology and the use of artificial intelligence, cyberattacks like vishing are becoming more difficult to distinguish between real and fake. Bad actors have always pretended to be other people, but with the help of AI, they can even clone voices and impersonate real people, especially if they do public speaking and events.

However, with the use of information that is publicly available, bad actors don’t even need to clone voices in order to get into a network. Any employees that don’t have any security awareness can easily be fooled by these scammers. Some of them will pose as IT professionals or fellow employees, asking the employee to go to specific websites for “check-ups” or for password resets.

TraceSecurity, LLC

As the leading pioneer in cloud-based security solutions, TraceSecurity provides risk management and compliance solutions for banking institutions that need to protect critical data from cyber-attacks and meet IT security mandates.