Don’t be fooled by callers who know your name!
Vishing scammers use your basic information to pretend they are real callers, like bank representatives, to steal your personal and financial details by asking for your approval and OTP. These scammers trick you into trusting them and pressure you to share private information. Watch out for these warning signs:
Promises of rewards redemption - They may say you have points or rewards to claim but need your banking details to process them.
Claims of suspicious transactions in your account - Scammers may say there has been unusual activity and ask for your details to stop fraud.
Offers to waive credit card fees - They use too-good-to-be-true offers to get you to share personal information.
What is vishing?
Vishing is a type of phone scam, like phishing but through voice calls. Scammers will impersonate that they are from trusted organizations, such as banks, government offices, or telco companies.
How vishing scams work
These scams keep changing, and fraudsters use different tricks to fool people, such as:
Creating urgency and fear - Scammers pressure you to act fast, claiming your account will be blocked or charged if you don’t respond immediately.
Pretending to be someone you trust - They pose as bank employees, tech support, or even a friend to earn your confidence.
Using technical terms - Scammers use complicated language to sound professional and confuse you into following their instructions.
How to protect yourself from vishing scams
Stay alert and prevent fraud with these key tips:
Never share private details over the phone: Banks and real companies will never ask for passwords, PINs, or OTPs through a call.
Hang up if the caller pressures you to act fast: Scammers use fear to rush you into making a mistake. Always take time to verify.
Don’t trust calls just because they know your name: Knowing some details about you doesn’t mean they are trustworthy.
Call your bank directly if you suspect a scam: Use the official number from your bank’s website to verify claims.
Remember: Real companies never ask for private information over the phone. Stay aware and informed so you can outsmart scammers and keep your financial details safe.
Wise up to scams and let’s #FightFraud together.