August 14, 2014 – The Week in Phone Fraud

This week in phone fraud includes a Black Hat conference wrap up piece, one would-be fraud victim’s recording of a Microsoft phone scam, and a report claiming tax fraud phone scams are conning taxpayers out of $5 million so far this year.

On Saturday, NPR published a wrap up on this year’s Black Hat conference in Las Vegas. Pindrop received a mention, thanks in part to our interview with Aarti Shahani, NPR’s Tech Correspondent in attendance this year.

On Tuesday, The Globe and Mail published a story around one citizen’s brush with the popular Microsoft tech support phone scam. Although, instead of simply hanging up (which is what you should always do!) this citizen actually recorded the call in its entirety and submitted it to The Globe and Mail, to help warn others.

On Wednesday, our VP of Marketing Matt Anthony was included in Customer Experience Report’s article around Voice Biometrics. Matt spoke towards the plight of the customer service representative, stating, “A customer service rep job isn’t easy. So if you can reduce something they have to be trained on, if you can use technology to do authentication instead of telling the rep ‘If this happens you need to ask these questions, and if this happens you need to ask these questions,’ then that becomes valuable.”

On Thursday, Politico published a story around the IRS’ recent report that this year’s IRS tax fraud scam has conned American taxpayers out of upwards of $5 million dollars. This same report also mentioned that an estimated 1,100 people have been duped by the scam so far.

Earlier this year we published our own research on this massive IRS scam as well. Our blog post and research can be found here.

Full Breakdown of This Week’s Phone Fraud News

The Telegraph: Five scams on the rise in 2014 – August 14, 2014

Politico: Tax-fraud phone scams con taxpayers out of a staggering $5 million — Mylan exec: Inversions aren’t about ‘patriotism’ – August 14, 2014

Customer Experience Report: Beyond Fraud Prevention: Can Voice Biometrics Also Cut Operational Costs? – August 13, 2014

Global News: Ont. man records fake Microsoft phone scam as warning to others – August 13, 2014

The Guardian: Warnings about scams that target general public and restaurant goers – August 13, 2014

The Globe and Mail: Man records phone scammers; listen and learn what not to do – August 12, 2014

Chicago Tribune: Taking countermeasures against fake IRS callers – August 12, 2014

WUSA 9: Va. police warn citizens of “spoofing” fraud – August 11, 2014

Independent Press: Phone fraud attempt reported in Watchung – August 11, 2014

NPR: Privacy Is Serious Business At Black Hat Security Conference – August 9, 2014