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Phishing Scammers Go Old-School With Phone Calls

Some of the world’s biggest financial firms are being targeted by a surprisingly old-school cyberattack: phone calls.

A widespread “vishing” campaign (voice phishing) has targeted large finance companies including Blackstone, KKR and CME Group, with attackers posing as corporate IT or help desk employees. Their goal is to convince workers to provide login credentials, authentication information or other details that can be used to access company systems.

The attacks demonstrate why social engineering remains such a difficult cybersecurity problem. Even sophisticated security technology can be undermined when criminals successfully impersonate trusted employees.

For companies and workers, the takeaway is simple: unexpected requests for passwords, authentication codes or account changes should always be independently verified through established internal channels.

A voice-phishing campaign has swept through a roster of Wall Street’s biggest names, and the target list reads like a finance directory.

Tags

security, data security, phishing, cyber criminals

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