An employee receives a phone call from someone saying they are from the bank. This type of call indicates Phishing.
What are banks?
Banks are referred to as financial institutions that help in borrowing or lending money to investors and help in depositing money for savings and withdrawing cash whenever needed.
A type of fraud where an intruder pretends to be a reputable company or individual in letters or other forms of electronic communication is referred to as Phishing. Hackers frequently use malicious email to deliver malicious attachments or links that can carry out a variety of activities.
In these cases, employees receive a call from someone stating that they are from banks reflects the activity of Phishing. This types of call usually misguide people and ask them for password and other credentials in the name of verification and fraud.
Learn more about Phishing, here:
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