Woori Bank Launches Service to Block Voice Phishing Malicious Apps
[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 2nd that it will implement a voice phishing malicious app blocking service on its mobile 'Woori WON Banking' platform.
Recently, cases of voice phishing have surged, where malicious apps are installed on smartphones by impersonating financial institutions, allowing remote control of the smartphones. This service automatically detects the installation and activation of malicious apps such as voice phishing remote control apps when Woori WON Banking is launched, blocking unauthorized transfers.
When a customer accesses Woori WON Banking using a smartphone with a malicious app installed, banking is automatically suspended along with a voice phishing risk alert. For normal transactions, the customer must directly delete or disable the malicious app installed on their smartphone.
Woori Bank has been operating a voice phishing malicious app detection service since August last year, the first in the financial sector. On average, about 2,000 attempts per day were made to access smartphones with malicious apps installed, and the bank has prevented customer damage by providing voice phishing warnings to those customers. This blocking service adds an automatic suspension function to the existing detection service.
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A representative from Woori Bank's Information Security Department said, "We are now able to protect customers' valuable assets from voice phishing malicious apps," and added, "We will do our best to provide safe financial services against the evolving risks of voice phishing."
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