South Korean Crypto Voice Phishing Attacks Becoming More Sophisticated – Report
South Korean crypto voice phishing attackers are developing more sophisticated ways to dupe victims out of cash and tokens, a report claimed on April 4.
Per the newspaper Segye Ilbo, most attackers are now pushing their victims onto bogus crypto exchanges designed to look like bona fide platforms.
The media outlet reported that attackers are now targeting credit card users and the victims of crypto scams.
Some are also posing as employees at major financial regulators in a bid to win victims’ trust, and guide them onto fake crypto exchanges.
Segye Ilbo detailed the case of a citizen “in their thirties” referred to as A.
A received a text message on their mobile phone that appeared to be from their bank. This message included details of a credit card payment A had never made.
Concerned, A called the telephone number included in the text message to enquire about the payment.
The person who answered the phone said that the text originated from a shopping center’s customer service department.
This same person told A that their card details may have been stolen if they did not recognize the payment.
And the “shopping center’s customer service employee” advised A to speak to the Financial Supervisory Service (FSS) “to confirm” details of the case.
The FSS is one of South Korea’s two top financial regulators.
Shortly after, A received a phone call from a person claiming to be “an FSS employee.”
This person instructed A to install an app on their smartphone. Doing so, the “employee” said, would help the prosecution officials track further transactions on the “stolen credit card.”
A, the “FSS employee” said, should now call local prosecutors to report details of the case and resolve the matter.
However, this app was, in fact, a piece of
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