Con artists, telemarketers and bill collectors are finding new ways to spoof caller IDs.
USA Today reports that in just six months, the number of fraudulent calls people received have surged over 50% to over 1 million fraudulent calls.
In one example, con artists can pop up the name of your bank on your caller ID. If you answer the call, you'll be told there's a problem with your account and then need to verify info. Don't do it; any account info you divulge can be used to breach your account.
In other instances, con artists are even popping up the names of charities on your caller ID to con you into giving them money.
Caller ID is not the protection you once thought. So if a call comes in and you don't recognize the number or name, let it go to voicemail. If the caller claims to be from your bank, don't give out any info. Call back at a number you know to be valid for your bank and determine if there are in fact any problems with your account.