Which of the following best describes Vishing?

Study for the BAFT Certificate in Principles of Payments Test. Utilize flashcards and multiple-choice questions, with hints and explanations for each query. Prepare thoroughly for your exam!

Vishing, short for voice phishing, specifically refers to the practice of attempting to trick individuals into providing sensitive information, such as personal identification details or financial information, over the telephone. This method often involves con artists posing as legitimate entities, such as banks or government agencies, using persuasive tactics to exploit the trust of the victim. The goal is to extract confidential information that can then be used for fraudulent activities, such as identity theft or unauthorized transactions.

Unlike other forms of phishing, which might use different mediums like email, social media, or online advertisements to lure victims, vishing uniquely capitalizes on direct voice communication. This direct interaction can often make the scam appear more convincing, as the victim is less likely to suspect they are being deceived when conversing with someone over the phone.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy