voice phishing Archives | Be Korea-savvy
Youths More Prone to Voice Phishing Scams than Elderly: Data

Youths More Prone to Voice Phishing Scams than Elderly: Data

SEOUL, Oct. 30 (Korea Bizwire) — Contrary to popular belief, young people were found to have fallen prey to voice phishing scams more than senior citizens, data showed Tuesday. According to the data from the Financial Supervisory Service (FSS), those in their 20s and 30s lost 42.5 billion won (US$37.26 million) from this kind of [...]

Government Teams up with Radio Station to Fight Voice Phishing

Government Teams up with Radio Station to Fight Voice Phishing

SEOUL, Oct. 7 (Korea Bizwire) – The Financial Supervisory Service joined forces with YTN FM Radio on Friday in an effort to fight voice phishing crimes, which have grown rampant in Korea over the past decade.  In accordance with the agreement, YTN will air radio campaigns using voices of actual criminals to maximize the FSS’s [...]

Korea Implements ‘Paparazzi Policy’ to Reduce Financial Malpractice

Korea Implements ‘Paparazzi Policy’ to Reduce Financial Malpractice

SEOUL, June 22 (Korea Bizwire) – Korea’s Financial Supervisory Service (FSS) revealed Tuesday that it has decided to implement a ‘Paparazzi Policy for Financial Malpractice’, through which informants can receive up to 10 million won ($8,600) in rewards. The policy will be operated until year’s end in order to dissuade unlawful financial activities, and encourage [...]