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Voice phishing / Vishing is the criminal practice of using social engineering over the telephone system to gain access to private personal and financial information from the public for the purpose of financial reward. Vishing is the combination of “voice” and phishing. 

Example for Vishing – The criminals used to  make cold calls to unsuspecting account holders by posing as bank representatives and  manage to extract personal details from them on various pretexts, sometimes even promising financial rewards.The information is used to access the accounts for illegal online transfer of money

Phishing – Phishing is the fraudulent attempt to obtain sensitive information such as usernames, passwords, and credit card details (and money), often for malicious reasons, by disguising as a trustworthy entity in an electronic communication.

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