South Korea's finance watch dog, the Financial Supervisory Service (FSS), together with SK Telecom, will develop AI to prevent voice phishing attacks. There was also one extreme voice phishing attempt where the scammer made a fraudulent call to a restaurant claiming they had the virus and recently … Voice phishing is the criminal act of using the telephone system in order to have access to private personal and financial information from the public for the purpose of financial reward.The term is combined from "voice" and "phishing". The city of Busan added 21 new cases of COVID-19 yesterday, bringing the cumulative caseload to 1,553. 14. The police and the National Intelligence Service in South Korea worked together to arrest the members for allegedly stealing around 2 billion won ($1.8 million) from about 200 South Koreans by operating a phishing … Sept. 15 (UPI) — South Korean police rounded up 24 members of a voice phishing gang based in China and arrested 18 suspects in the group. Voice Detail. Since the police started a massive investigation into voice phishing scams, the number of crimes decreased and the arrest rate increased. Inside the intricate world of voice phishing. In voice phishing, a caller will imitate a bank, … What does VOICE PHISHING mean? The number of voice phishing culprits arrested in September was 268, whereas in October there were 285, an increase of 6%. For Koreans, a phone call from an unknown number and a Chinese accent immediately raises suspicion that they are about to be scammed. According to the Busan Police Agency, the number of voice phishing occurrences from 156 in September decreased by 34% to 103 in October. Gangnam-gu, South Korea. English The story is about Seo Joon, who loses everything to voice phishing and infiltrates the organization in China to meet Kwak Pro, the designer behind this system. [Anchor Lead] Voice phishing scams continue to thrive even as people are strongly advised to take extra precaution. It is sometimes referred to as 'vishing' , a portmanteau of "voice" and phishing. Ski resorts around the nation will close from Christmas Eve to January 3rd in order to help prevent the spread of coronavirus. Voice phishing is a form of criminal phone fraud, using social engineering over the telephone system to gain access to private personal and financial information for the purpose of financial reward. We use cookies to ensure the best experience for you on our website.If you choose to ignore this message, we'll assume that you are happy to receive all cookies on ET CISO. Manage Threats with Certainty in Uncertain Times, Building an Intelligence Driven Security Operations, ETCISO Summit 2019 - Future Proofing Cybersecurity, India approves game-changing framework against cyber threats, Chinese hackers targeted shoppers during Flipkart festive sales, Microsoft says it found malicious software in its systems, Beware! A total of 48,743 voice phishing victims were reported in 2018, the data showed, suggesting an average of 134 people fall prey to criminal phone fraud daily in Korea. The police and the National Intelligence Service in South Korea worked together to arrest the members for allegedly stealing around 2 billion won ($1.8 million) from about 200 South Koreans by operating a phishing scam from China. A friend or relative transfers the money to your bank account and alerts you of the fact. The arrests come after South Korean President Moon Jae-in called for tougher measures against fraudulent phone calls and text messages in June. Voice phishing badly takes advantage of the public's trust in telephone services. The police and the National Intelligence Service in South Korea worked together to arrest the members for allegedly stealing around 2 billion won ($1.8 million) from about 200 South Koreans by operating a phishing scam from … Eight members of a voice phishing ring have been arrested in South Korea and China and investigators are looking into suspected links to a North Korean hacker, officials said Monday. Follow @ETCISO for the latest news, insider access to events and more. Eight members of a voice phishing ring have been arrested in South Korea and China and investigators are looking into suspected links to a North Korean hacker, officials said on Monday. The scammer calls the victim and attempts to use social engineering techniques to trick the victim into doing something, often to give credit or debit card details or send money. 10 Sep The Korea JoonGang Daily reported that d espite warnings from financial authorities, an average of 116 people fall victim to what is called "voice phishing" scams every day in Korea. Nov. 16 (UPI) -- South Korean police have arrested eight members of a voice-phishing crime ring based in China after the suspects were found to have used a North Korean … Exchanges news The South Korean crypto exchange Upbit will introduce a crypto withdrawal delay system tomorrow to “help limit the damage caused by voice phishing,” reported WowTV. Listen to Busan's only English radio station at 90.5 FM. We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc. Recalibrating Cybersecurity in the New Reality. HQ Bar in Gwangalli is hosting a special meal this Christmas Day for those looking to enjoy a home-cooked meal. Fine Dust : Home > National > Social Affairs. Asia’s largest coffee exhibition, Cafe Show Seoul, which occurred from November 4 to November 7, 2020 at COEX in Seoul, selected and announced the market key word for 2021 as “S.M.I.L.E,” which means to encourage that difficulties and struggles faced by the pandemic in 2020 will be overcome in the post-COVID-19 era. Voice phishing (vishing) scams use voice solicitation to get information or money from consumers or businesses. Moon mulls cabinet shake-up to affect three to four ministers: sources. S. Korea decides to spend 1.95 bln won to transform DMZ guard post into museum. How did you hear about us? There are many reasons for compromising email accounts and a variety of tactics are used depending on the end goal. Three businesses were found violating quarantine guidelines in Busan after carrying out intensive inspections on 747 businesses subject to a ban on gathering and abiding by stricter social distancing guidelines. Penipuan "Voice Phishing" yang merajalela di Korea Korea Reomit. As the occurrence of voice phishing decreased, the amount of damage also decreased by 37% from 3.52 billion won in September to 2.22 billion won in October. Movie: Voice (2020) Main Stars: Byun Yo Han, Kim Mu Yeol, Kim Hee Won Genres: Action Country: South Korea Language: Korean Release Date: December 2020 Season: 1 Aired: December 2020 Also Known As: Boiseu, 보이스, Voice 2020. The police also noted that as the occurrence of voice phishing scams decreased, the number of arrested cases have increased. Dear user, ET CISO privacy and cookie policy has been updated to align with the new data regulations in European Union. About Us | Advertise ©2020 Haps Korea Magazine. (Source: HanCinema) Edit Translation. March 2, 2020. Seoul, Nov 16 (IANS): Eight members of a voice phishing ring have been arrested in South Korea and China and investigators are looking into suspected links to a North Korean hacker, officials said on Monday. Seoul, Eight members of a voice phishing ring have been arrested in South Korea and China and investigators are looking into suspected links to a North Korean hacker, officials said on Monday. Seoul, Nov 16 (IANS) Eight members of a voice phishing ring have been arrested in South Korea and China and investigators are looking into suspected links to a North Korean hacker, officials said on Monday. WEB Phishing can take place over the Internet, telephone, or via text message, but email is the most common attack vector. Please review and accept these changes below to continue using the website.You can see our privacy policy & our cookie policy. According to the Busan Police Agency, the number of voice phishing occurrences from 156 in September decreased by 34% to 103 in October. Seoul: Eight members of a voice phishing ring have been arrested in South Korea and China and investigators are looking into suspected links to a North Korean hacker, officials said on Monday. News reports at 10 am, 12 pm, 3 pm, 6 pm, 8 pm and 10 pm live. South Korea reported 98,391 voice-phishing incidents between 2014 and June of this year, according to data submitted to Rep. Lee Jae-jung by the National Police Agency. 17. 16. In recent years, Yanbian, a province in northern China adjacent to North Korea and home to nearly three quarters of a million ethnic Koreans, has become known as the home to elaborate voice phishing scams. Definition of VOICE PHISHING in the Definitions.net dictionary. In a significant decision, India on Wednesday introduced its first and biggest framework to protect itself from cyber attacks, data theft and other virtual vulnerabilities threatening its national security. Major tourist sites around the nation will close until the 3rd of January next year in order to help prevent crowds from gathering and possibly spreading coronavirus. A man in his 30s was arrested after threatening a convenience store worker with a weapon after being told he needed to wear a mask in the store. Click "Continue" to accept and continue with ET CISO. Loading... Unsubscribe from Korea Reomit? Get ETCISO's top stories every morning in your email inbox. Since the police started a massive investigation into voice phishing scams, the number of crimes decreased and the arrest rate increased. Seoul, South Korea ... "I'm investigating a voice phishing case, please play along." Bright, astute, technologically saavy, this individual - a Korean and a rising professional in a large institution here in Seoul - is one of the last people you would expect to fall prey to con artists. Subscribe Subscribed Unsubscribe 2.56M. Two temporary COVID-19 screening centers will open in Busan today, with an additional six more set to open in the near future. Let’s say you urgently need a little over a million won in cash. The number of voice-phishing incidents, which had dwindled to 18,549 in 2015 and 17,040 in 2016 from 22,205 in 2014, soared to 24,259 last year. The Korean government has issued new guidelines for dining over the holiday season in order to prevent the spread of coronavirus. Eight members of a voice phishing ring have been arrested in South Korea and China and investigators are looking into suspected links to a North Korean hacker, officials said on Monday. All of them are South Koreans in their 20s and 30s, Yonhap news agency reported. Stopping voice phishing One of my former Yonsei students recently had 10 million won ($8,933) - a significant portion of her life’s savings - stolen from her in a voice phishing scam. 18. FRIENDS. Copyright © 2020 ETCISO.in. Haps Korea Magazine features stories of people from all walks of life in Korea, covering news and trends in lifestyle, society and whatever else is happening on the peninsula. Construction for the Seobusan Medical Center received a green light to move forward. Voice Synopsis and Plot Summary. The Seaman's Club is offering a limited seating Christmas dinner this year, as well as a turkey takeout. Seoul Metropolitan Government posted a warning for foreign residents against voice phishing. Jessica Barker offers this advice for spotting the scam. All Rights Reserved. 8 members of voice phishing ring arrested amid suspicions of link to N.K. 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