Hackers target financial firms using phone phishing attacks

Tech/AI

Cybercriminal groups are successfully employing traditional voice phishing, or vishing, techniques by calling employees at major U.S. financial and investment firms. According to a recent security report by Google, the attackers pose as IT support staff or colleagues to trick targets into submitting their credentials on spoofed websites.

Linked to a broader collective tracked as UNC6671, these threat actors steal sensitive corporate data and subsequently extort victims for large ransom payments in Bitcoin. By focusing on organizations involved in high-stakes capital deployment and mergers, the hackers maximize their leverage and financial extortion demands.

  • Hackers use phone calls to impersonate IT staff and target firm employees.
  • Victims are tricked into entering credentials on fake login websites.
  • Stolen data is used to extort companies for massive Bitcoin ransoms.
  • Google associates these activities with the UNC6671 collective.

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