Evaluating Your Defense Strategy Against Deepfakes: Top 4 Factors to Prioritize
In the rapidly evolving landscape of cyber threats, the escalating prominence of deepfake attacks demands a comprehensive technical response. As organizations grapple with the complexities of this digital deception, a proactive approach becomes paramount. 1200% That’s the proportion of increase in deepfakes among all fraud types in the US in 1Q 20231. We’re seeing this […]
Pindrop’s Record Breaking Year: Patents in 2022
It all started with the invention of Phoneprinting. In 2011, Pindrop’s founder and now CEO, Vijay Balasubramaniyan, patented this unique technology that broke new ground in contact center fraud detection. Pindrop hasn’t looked back since. Pindrop has reached a new milestone: in 2022, a record number of 30 patents were granted, bringing us to 104 […]
Banking Fraud Investigations – How Do Banks Detect Fraud?
How Do Banks Investigate Unauthorized Transactions & Prevent Fraud? According to the Financial Crime Report Q2 2021, 93% of banking-related fraud happens online. PwC’s Global Economic Crime and Fraud Survey reported that in 2020, 56% of institutions just investigated the worst fraud incident they’d ever seen. As daunting as these numbers are, we expect them […]
Emerging AI Bots in your Contact Center – Deepfakes Are Next
There’s been interesting news recently on conversational AI bots being utilized by platforms like DoNotPay, Ideta, or the sassier Jolly Roger Telephone Co. These services can be used to call inbound to a contact center to dispute bills and charges, engage with customers, or even frustrate telemarketers on your behalf. While this is exciting for […]
Pindrop’s Latest Technology Changes the Game for Caller Authentication
In 2020, Pindrop acquired New-York based company, Next Caller Inc., and with it, the VeriCall® Technology—a best-in-class phone number (ANI) validation and spoof detection service. VeriCall technology is responsible for helping to streamline the call experience for customers of the country’s largest brands. The solution provides near real-time caller ID intelligence to remove friction during […]
STIR/SHAKEN is Not Call Authentication
In June of 2021, an FCC mandate went into effect requiring voice service providers to implement STIR/SHAKEN protocols. No, that isn’t a government-mandated happy hour at Verizon and AT&T headquarters. Instead, the rather long-winded acronym (Secure Telephone Identity Revisited/Signature-based Handling of Asserted Information Using toKENs) took aim at a simple goal: stop spam calls! We’ve […]
Secure Authentication the FFIEC Way – How Pindrop Can Help
Every day, we trust financial institutions with both our money and very sensitive personal information. Authentication is a critical need for financial institutions to maintain security and protect every individual’s account from unauthorized access. Whether this access results in active fraud or consumer data breaches, the result is costly in both money and brand reputation. […]
Deepfake Interviews: Sign of a darker future to come?
The FBI has warned of an uptick in cases where “deepfakes” and stolen personal information are being used to apply for jobs in the U.S. — including faking video interviews. These headlines can captivate readers with wild stories about how these unusual occurrences are impacting an unfortunate few. If we look at recent history, should […]
Improving Account Access Protection One Mismatch at a Time
It is not difficult to imagine a disgruntled son, using his father’s cell phone to call in and change an insurance policy or to get into his account for more devious machinations. The typical authentication solutions in today’s contact centers cannot recognize the different situations when a voice does not match with the enrolled users […]