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Fresh Vishing Campaign Targeting South Korean Users

20
Mar
2023
Fresh Vishing Campaign Targeting South Korean Users

image credit: pixabay

Criminal hackers are targeting South Koreans with an Android Trojan that masquerades as nearly two dozen financial applications, duping victims into handing over payment card data by faking phone conversations with lenders.

The Trojan is appropriately named FakeCalls, a Check Point research report says. Voice phishing attacks are widespread in South Korea. The Chosun Ilbo in 2020 said that reported losses from fraudsters pretending to be banks amounted to 1.7 trillion Korean won over five years. Today, that amount would equal about $1.3 billion.

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