PINDROP BLOG

Category: Bank fraud

July 25, 2014
July 24, 2014 – The Week in Phone Fraud
This week in phone fraud saw a threat advisory in Arizona and a West African fraudster advisory out of the UK. On Tuesday in Surprise, Arizona, AZ Central covered a new phone fraud threat hitting the area in which fraudsters tell homeowners they have an arrest warrant that will be activated unless they immediately pay…
Read More →
July 18, 2014
July 18, 2014 – The Week in Phone Fraud
This week in phone fraud news saw a widespread resurgence of the IRS scam across multiple states, including California, Idaho, and Pennsylvania. Additionally, USTelecom, a trade association, warned consumers about an increase in Caller ID spoofing. On Thursday, Security Week’s Eduard Kovacs discussed the USTelecom announcement that warned consumers and call center employees of a…
Read More →
July 11, 2014
July 11, 2014 – The Week in Phone Fraud
This week in phone fraud saw reports of new phone fraud tactics springing up in both the UK and US. On Monday in the UK, AOL’s Sarah Coles wrote about a new type of phone scam hitting Europe. Sarah cited one Surrey couple that had been duped out of £42,000 ($57,000). Diving into the details,…
Read More →
July 4, 2014
July 4, 2014 – The Week in Phone Fraud
Happy Independence Day in the US! This week in phone fraud news saw fraud advisories across both the US and UK, along with a feature on our unique phoneprinting technology in Popular Mechanics. On Monday in the UK, The Crawley News covered an increase in fraudulent calls from fake police officers attempting to scan citizens…
Read More →
June 27, 2014
June 27, 2014 – The Week in Phone Fraud
This week in phone fraud news saw social engineering in the UK covered by The Register and a breakdown of 5 most common phone scams from CBS MoneyWatch. On Wednesday, CBS MoneyWatch reporter Mitch Lipka discussed how New York Attorney General Eric Schneiderman was now urging the elderly to be aware of phone scams. Moving…
Read More →
June 20, 2014
June 20, 2014 – The Week in Phone Fraud
This week in phone fraud news saw a number of phone advisories, including a new trending scam in the UK involving fake bank employees, a new mobile app that promises to stop robocalls from fraudsters, and a Forbes article on ending call center phone fraud. On Wednesday, Gartner Analyst Avivah Litan covered the problems of…
Read More →
April 9, 2014
Phone security on the radio
Last week, I sat down with Dana Barrett of the Wall Street Business Network to talk about our company’s technology and how organizations can use it to help protect themselves from the constantly evolving threat posed by attackers. During the interview, we discussed a very basic but somewhat unsettling fact. Despite incredible strides made in…
Read More →
January 20, 2014
New York Times talks phone fraud
Fake emails are usually pretty easy to spot because you can look and see if it came from Bank of America or from FreeEmailAddressInEgypt(dot)com,” said Mr. Forester, 29, who is an electrician. “With the phone, you don’t have that option of researching. The New York Times today invested some time in discussing the increase in…
Read More →
November 21, 2013
Know Your Fraudster
Today Pindrop Security released “KYF: Know Your Fraudster,” our 2013 Phone Fraud Report. You already Know Your Customer (KYC), time to know the other callers into your institution. We examined phone fraud activity affecting financial services institutions during the first six months of 2013 and found some staggering figures, most notably that 1 call for…
Read More →
September 27, 2013
Right person, right phone, right place
There are not a lot of surprises in the security world. With email, web, database, etc., the model has looked basically the same. Figure out how what a good guy does differs from what a bad guy does. The challenge has always been telling that difference. What do you know? Can you trust it? Can…
Read More →