phone scams Archives | Be Korea-savvy

Gov’t to Step Up Fight Against Phone Phishing Scams

SEOUL, Dec. 8 (Korea Bizwire) — South Korea’s ICT ministry said Thursday that it has adopted new programs to block phone number spoofing and avoid text message scams to help people better combat fraudulent phone calls, or voice phishing. It is a followup of the intergovernmental measures to root out voice phishing released in September, [...]

More People Fall Victim to Phone Scams in 2018

SEOUL, Feb. 28 (Korea Bizwire) — Nearly 50,000 people were victims of phone financial scams last year, amounting to 444 billion won (US$396.78 million) in lost money, regulator data showed Thursday. The amount of money lost to scams increased 82.7 percent from 2017 as people fell victim to phone calls coaxing them to reveal their [...]