April 1 – The Week In Phone Fraud

TWIPF2 This week in phone fraud, YouMail reports 2.3 Billion robocalls were made to US citizens in February and Pindrop’s VP and General Manager of EMEA, Matt Peachey, discusses cross-channel fraud.

This week, Yahoo Finance reported that although most robocalls are illegal, they show no signs of slowing down. Research from YouMail states 2.3 Billion calls were made by computerized auto dialers in February. Atlanta is the top robocalled city in the U.S. followed by Chicago, Dallas, Houston, and Los Angeles.

Matt Peachey of Pindrop wrote for, Real Business stating that over the past decade, organizations have stepped up their defenses against criminal activity. With a commitment to protecting customers and their data, businesses are increasingly improving this line of defense as cyber attacks grow more sophisticated.




On The Wire: New Florida Law Exempts Agencies from Reporting Some Breach Details – Florida’s governor has signed a bill that allows state agencies not to release details of data breaches and security audits if that information would “facilitate the unauthorized access, modification, disclosure or destruction of data”.

Biometric Update: La Banque Postale use voice biometrics to authenticate card not present payments – Earlier this month, La Banque Postale obtained approval from French data protection regulatory organization CNIL to offer a voice biometrics solution by Talk to Pay for customers to authenticate card not present transactions.

NPR: IRS Commissioner Details Growing Problem of Taxpayer Identity Theft – With tax season comes scams, phone scams, and website scams. Fraudsters are trying to steal your identity or claim a refund in your name. John Koskinen, the IRS Commissioner, states this isn’t a growing problem, but that it is getting more visibility.

Associated Press: AP Investigation: How con man used China to launder millions – Gilbert Chikli, the creator of the CEO Phone Scam, was rolling in money, stolen from some of the world’s biggest corporations. His targets: Accenture. Disney. American Express. In less than two years, he made off with at least 6.1 million euros from France alone.

Federal Times: Voice biometrics enables the post-password era – Many governments and businesses see voice biometrics as the ideal technology to usher in the post-password era. The latest initiative is President Obama’s Cybersecurity National Action Plan, which includes a campaign to “encourage more Americans to move beyond passwords — adding an extra layer of security.”

ITProPortal: What you need to know about the government’s new fraud taskforce – Recent research from the Office of National Statistics has shown that five million frauds occur every year across England and Wales, costing the UK around £26bn.

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