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New VoIP Phishing Scams

I'm on the road in Chicago still and the time shift, coupled with some long days certainly make it challenging to keep up with the hot news items going around. I haven't seen much commentary on this yet, but I think it's better to share tihs than let it fade into newsfeed background.

New VoIP Phishing Scams
Posted by Narasu Rebbapragada

Tuesday, April 25, 2006, 02:00 PM (PST)
Cloudmark, an anti-spam company, put the word out about a new type of email phishing scam targeting banking customers. These fake emails don't provide a URL for you to click--you're much too smart for that. Rather, they provide a phone number, which calls into a voice mail system that asks for your account number.

According to Cloudmark, what's new here is the criminal use of VoIP and PBX (private branch exchange) software to set up a voice-mail system that sounds like your bank. The process is cheap and easy, thanks to VoIP and open-source PBX software such as Asterisk. The same low-cost setup that's enabling small businesses to sound professional is enabling small-time scam artists to do the same.

"The convergence of the Internet with the phone system allows someone with VoIP to do what the big boys used to do," says Adam J. O'Donnell, Ph.D., senior research scientist at Cloudmark.

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Ken Camp's Bio:

Ken Camp has more than 25 years of experience in information technology. Ken spent 17 years with AT&T and Lucent Technologies successfully designing and implementing voice and data networks. He later worked in the security marketplace and played a key role in early IPSec VPN deployments. As an independent consultant, Ken's primary focal areas include network performance improvement, security practices and the design and deployment of integrated voice and data solutions. He may be contacted at: ken_camp@realtimepublishers.net

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