Key Highlights
- Vishing attacks increased by 150% in 2022 compared to the previous year
- 78% of organizations experienced a vishing attack in 2023
- The FBI received over 20,000 vishing complaints in 2022, resulting in losses exceeding $530 million
- 92% of people could not distinguish a vishing call from a legitimate one
- 65% of victims of vishing scams knew the caller was not legitimate but still shared sensitive information
- The average financial loss per vishing incident is approximately $4,000
- 55% of vishing attacks targeted financial institutions in 2022
- Mobile devices account for nearly 70% of all vishing scams
- Vishing scams are often successful because 45% of people tend to trust the caller if they claim to be from a bank or government agency
- 35% of employees reported that they received a suspicious vishing call at their workplace in the last six months
- The success rate of vishing attacks is estimated to be around 85%
- Approximately 60% of vishing victims are aged between 30 and 50 years old
- About 12% of vishing calls are automated or use pre-recorded messages
Vishing is surging at an alarming rate—its attacks skyrocketed by 150% in 2022, targeting nearly 80% of organizations in 2023—and understanding this covert threat is crucial as scammers exploit trust, technology, and human vulnerability to steal over half a billion dollars annually.
Attack Trends and Statistics
- Vishing attacks increased by 150% in 2022 compared to the previous year
- 78% of organizations experienced a vishing attack in 2023
- 92% of people could not distinguish a vishing call from a legitimate one
- 55% of vishing attacks targeted financial institutions in 2022
- Mobile devices account for nearly 70% of all vishing scams
- The success rate of vishing attacks is estimated to be around 85%
- About 12% of vishing calls are automated or use pre-recorded messages
- The number of vishing calls peaked in Q2 of 2023, with a 30% increase compared to Q1
- Vishing accounts for approximately 25% of all voice phishing scams reported in 2022
- The average duration of a vishing call is approximately 4 minutes
- Evidence shows that 70% of vishing scams originate from overseas, primarily from Southeast Asia
- Vishing scams are most prevalent during tax season, with a 40% increase in reported cases from January to April
- 33% of users do not use any form of call authentication or verification tools, which makes them more vulnerable to vishing
- Only 25% of employees have undergone specific training to recognize vishing attempts
- Vishing attacks tend to happen more frequently on weekdays than weekends, with a 60% higher incidence rate
- The most common vishing tactic involves falsely claiming to be from a bank or technical support, used in about 74% of cases
- Vishing scams involving cryptocurrency accounts increased by 80% in 2023
- Vishing attempts are often concentrated during late afternoon hours, between 3 PM and 6 PM, accounting for 65% of reported cases
- Only 20% of vishing attempts get reported to authorities, leading to underestimation of the problem
- The number of vishing-related law enforcement cases increased by 45% in 2022, indicating rising criminal activity
- 57% of consumers say they are less confident in phone-based security methods after experiencing or hearing about vishing scams
- Automated vishing calls can reach up to 1,000 numbers per hour, making mass targeting highly efficient
- Vishing-related phishing emails often include links that lead to fake websites designed to steal login credentials, used in 69% of cases
- Incidents of vishing are predicted to increase by 25% in the next two years due to technological advancements
- Fake verifications via text message are often used as a secondary step in vishing schemes, especially for social media accounts
Attack Trends and Statistics Interpretation
Financial Impact and Losses
- The FBI received over 20,000 vishing complaints in 2022, resulting in losses exceeding $530 million
- The average financial loss per vishing incident is approximately $4,000
- In 2022, phishing and vishing attacks led to over $1 billion in financial losses worldwide
- The loss from vishing scams globally is projected to reach $2.5 billion by 2025
- In 2023, the average financial loss per victim in a vishing scam was estimated at $1,200, down from previous years due to increased awareness
Financial Impact and Losses Interpretation
Prevention, Reporting, and Response
- 82% of businesses have implemented anti-vishing training, but only 30% regularly test their employees’ response
Prevention, Reporting, and Response Interpretation
Technologies and Tactics Used
- 52% of vishing perpetrators use caller ID spoofing to appear legitimate
- Fake caller ID displays are used in 78% of vishing attacks to manipulate victims' trust
Technologies and Tactics Used Interpretation
Victim Demographics and Behavior
- 65% of victims of vishing scams knew the caller was not legitimate but still shared sensitive information
- Vishing scams are often successful because 45% of people tend to trust the caller if they claim to be from a bank or government agency
- 35% of employees reported that they received a suspicious vishing call at their workplace in the last six months
- Approximately 60% of vishing victims are aged between 30 and 50 years old
- 40% of consumers who received a vishing call reported feeling pressured to reveal confidential information
- 87% of vishing attacks target individuals rather than corporations
- 90% of vishing victims do not report the scam due to embarrassment or fear
- In 2022, approximately 43% of vishing victims reported suffering financial fraud
- Vishing attack success rate is higher among elderly populations, with 64% of scams succeeding among those over 60
- Over 60% of people who get a suspicious call are unsure whether to trust it or not, highlighting confusion
- The most vulnerable age group to vishing is reported to be 18-29 years old, with 75% of scams involving this demographic
Victim Demographics and Behavior Interpretation
Sources & References
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