In this additional spectrum, in-band signaling was sent down the wires outside the frequencies used for conversation. Actually, the signals were sent across the 3,500- and 3,700-Hz frequencies. Although these worked and were not in the talk path (out of the band) they were limited in the number of tones that could be sent.
Source: wiktionary
One great way of solving the phishing problem is doing out-of-band authentication.
Source: wiktionary
Defaulting to chaos still causes a lot of disruption, and would require out-of-band social coordination to resolve, but it places a much larger barrier in front of the attacker, and makes attackers much less confident that they will be able to get away with a clean victory, making them much less motivated to even try to start an attack.
Source: wiktionary