SEC Warning as Phishing and Vishing Attacks Mount

SEC Warning as Phishing and Vishing Attacks Mount

The Securities and Exchange Commission (SEC) has warned of a new multi-channel phishing campaign designed to elicit personal and financial information from victims.

An investor alert from the regulator revealed that several people have come forward claiming to have received phone calls or voicemail messages from purported SEC staff.

The scammers apparently raised concerns about suspicious activity on the recipients' checking or cryptocurrency accounts in a bid to trick them into handing over more sensitive info — a classic phishing tactic.

“These phone calls and voicemail messages are in no way connected to the SEC. If you receive a communication that appears to be from the SEC, do not provide any personal information unless you have verified that you are dealing with the SEC,” the regulator urged.

“The SEC does not seek money from any person or entity as a penalty or disgorgement for alleged wrongdoing outside of its formal enforcement process.”

The SEC extended the warning to any form of unsolicited communication, including emails and letters, claiming it will never ask for payments related to enforcement actions, offer to confirm trades, or seek detailed personal and financial information.

Nor will SEC staff ask for

Read More: https://www.infosecurity-magazine.com/news/sec-warning-phishing-attacks-mount/