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Showing posts from March, 2023

Ugandans doing online banking must be aware of this android malware called "fakecalls"

  In recent months, a new type of android malware called “FakeCalls” has emerged, targeting users in South Korea. The malware is designed to trick users into divulging sensitive financial information by making fake calls that appear to be from a legitimate financial organization. Voice phishing (aka vishing attacks) is a growing threat to mobile banking customers worldwide. Vishing attacks use phone calls to trick people into divulging sensitive information, and they often involve sophisticated social engineering techniques to make the calls seem legitimate. According to a detailed report by CheckPoint Research, the creators of the malware use a variety of techniques to make the calls seem convincing, including spoofing the bank’s phone number and using pre-recorded messages that sound like the bank’s customer service department.  The attack scheme begins with the FakeCalls malware masquerading as an online banking application of a reputable South Korean financial organization. The