Financial institutions everywhere are still wrangling with the issues of vishing and smishing, the identifiable code words for scam phone calls and text messages. According to the Crime Survey for England and Wales (CSEW), there were an estimated 4.5 million fraud offences in the Telephone-operated Crime Survey year ending March 2022, a 25% increase compared with the CSEW year ending March 2020.

https://www.finextra.com/blogposting/24064/no-caller-id-stopping-the-onslaught-of-fraud-text-messages-and-phone-calls