According to the Internet Organised Crime Threat Assessment (IOCTA) 2021, criminals are consistently reaping substantial profits from well-established forms of online fraud that have proven to be effective. Instead of completely overhauling their modus operandi, these perpetrators are continually enhancing and fine-tuning their approaches, resulting in more sophisticated and focused tactics. Phishing and social engineering have experienced a surge in use, contributing significantly to criminal gains.
What is Phishing?
Phishing is a type of cyberattack where malicious actors impersonate trustworthy entities, often via email or websites, to deceive individuals into revealing sensitive information such as login credentials, personal data, or financial details. These fraudulent attempts aim to exploit human psychology and trick victims into taking actions that compromise their security.
What is Vishing?
Vishing is a form of phishing conducted over voice calls, typically using phone systems or VoIP technology. Scammers make phone calls, posing as legitimate organizations, government agencies, or financial institutions, in an attempt to obtain sensitive information or convince victims to transfer funds.
What is Smishing?
Smishing is another variant of phishing, but it takes place through text messages (SMS) or other messaging services. Cybercriminals send deceptive messages that appear to be from reputable sources, encouraging recipients to click on malicious links or reply with sensitive information. Smishing often targets mobile device users.
These tactics are commonly used by cybercriminals to exploit human vulnerabilities and gain unauthorized access to information or resources.
NOTE: Mascap or any other financial institution will never call you and ask you to make a withdrawal or transfer funds!
Reporting suspicious activity
If you believe your Mascap account has been compromised, contact us right away at INSERT PHONE NUMBER TO REPORT
If you received a suspicious e-mail claiming to be from us please do not click on any links in the email and do not download any attachments from the e-mail in question. Please forward the email to email@example.com then delete it.