PINDROP BLOG

Month: January 2016

January 29, 2016
January 29 – The Week in Phone Fraud
This week in phone fraud, Pindrop raises $75M in funding and the future of voice fraud On Thursday, Pindrop announced a $75 million Series C funding round led by Google Capital with participation from GV, Andreessen Horowitz, IVP, Citi Ventures, and Felicis Ventures. “As voice commands become the standard across intelligent assistants, cars, and the…
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January 29, 2016
On the Wire Podcast: Vijay Balasubramaniyan
Dennis Fisher talks with Vijay Balasubramaniyan, CEO of Pindrop, about the company’s $75 million funding announcement with investments from Google Capital and Google Ventures, the future direction of the company, and the role that voice authentication and security is playing in the emerging Internet of Things era.
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January 28, 2016
GCHQ Says Voice Crypto Protocol Not Backdoored
A week after a researcher published a detailed analysis of the MIKEY-SAKKE voice encryption standard that broke down how it could enable key escrow and mass surveillance, the U.K.’s GCHQ, which designed the standard, has come out in defense of its security and integrity. CESG, the information security group at GCHQ, developed the MIKEY-SAKKE standard several…
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January 28, 2016
New Version of CenterPOS Malware Emerges
Researchers have discovered a new version of the CenterPOS malware that is capable of scraping memory and finding credit card data in running processes on infected devices. The malware is the latest iteration of CenterPOS, a family of point-of-sale malware that researchers have been tracking for several months. CenterPOS has been seen infecting PoS devices…
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January 28, 2016
Miles to Go.
“But I have promises to keep, And miles to go before I (we) sleep, And miles to go before I (we) sleep.” – Robert Frost Today is an exciting day for Pindrop and our customers. This morning we announced a $75 million series C investment that is being led by Google Capital with participation from…
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January 27, 2016
Online Ad Blockers Blocked by Online Advertisers
The problems of malicious ads and ad fraud have become widespread and are major annoyances and threats to users. Those issues have led to the huge popularity of ad blocking extensions for browsers, but a backlash from the online ad industry has now reached a fever pitch as industry groups work to frame the issue as…
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January 26, 2016
CEO Phishing Scam Costs Belgian Bank Crelan $75M
The venerable phishing scam has been trying on some new clothes as of late, and quite often those outfits are costing victims dearly. The latest and perhaps most expensive of these is the version of the executive email scheme that hit a Belgian bank recently and cost the firm more than $75 million. This particular scheme, which also…
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January 26, 2016
Feds Indict More Than 50 in Jury Duty Phone Fraud Scam
Federal officials have indicted more than 50 people, including 15 former prison officials and 19 former inmates, in a long-running vishing and phone fraud scheme that was run through a Georgia prison. Using cell phones smuggled into Autry State Prison by guards, the inmates would call victims, mostly in the Atlanta metro area, and inform them…
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January 26, 2016
Pindrop Labs Speaks at This Year’s M3AAWG General Meeting
Pindrop Labs Research Scientist, Aude Marzuoli, has discovered new findings that will start unraveling bad actors who hide behind multiple phone numbers. In her research, Marzuoli has found that 66% of calls made to Pindrop’s PhonypotTM, a telephony honeypot of clean numbers used as bait to reel in scammers and robocallers, are coming from just a…
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January 25, 2016
UVA Hit With Another Data Breach
A mistake by an employee who clicked on a link in a phishing email and unwittingly granted access to an attacker has resulted in a data breach at the University of Virginia that dates back to late 2014 and exposed personal information of about 1,400 people. The breach includes allowed attackers to get access to some…
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Webinar: TACKLING THE 113% FRAUD INCREASE IN CALL CENTERS