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Category: Consumer Fraud

April 29, 2016
April 29 – This Week in Phone Fraud
This week in phone fraud, Pindrop CEO is the featured cover story of HUB Magazine, and Atlanta is #1 in robocalls. This month HUB Magazine featured Pindrop CEO, Vijay Balasubramaniyan, as the cover story. In the article, Balasubramaniyan explains Pindrop’s beginnings as well as how he sees the future of voice authentication and security. Market…
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April 22, 2016
April 22 – This Week in Phone Fraud
This week in phone fraud, ’90’s phone scams are making a comeback and Chauffeurs jailed for car-hailing phone scam. This week Consumerist shared that the phone scam tactic of slamming (switching someone’s long-distance carrier without their knowledge or permission) is back in the fraudster’s arsenal. Shanghai Daily reported this week that 4 drivers who defrauded…
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April 15, 2016
April 15 – The Week in Phone Fraud
This week in phone fraud, Pindrop researcher goes undercover to expose IRS scam, and monitoring behavior can unmask fraudsters. This week the NPR shared a Pindrop researcher’s undercover IRS phone scam conversation with a real fraudster. More than 5,000 victims have been duped out $26.5 million since 2013. BBC reported this week that last year…
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April 8, 2016
April 8 – The Week in Phone Fraud
This week in phone fraud, sophisticated account takeover scams in the UK and a new report on who is most vulnerable to scams. This week the Guardian shared the story of account takeover fraud at Nationwide bank in the UK. In this multi-part attack, fraudsters took over the target’s mobile account, registered for mobile banking,…
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March 18, 2016
March 18 – The Week in Phone Fraud
This week in phone fraud, NPR accidently hijacks listeners’ Amazon Echoes and IRS warns of new phone scam. This week, Mashable reported that NPR accidently hacked listener’s Echoes with a radio broadcast, proving the devices can be ‘hijacked’ by a speaker outside the home. NPR listeners reported the news story prompted Alexa to reset thermostats,…
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March 11, 2016
March 11 – The Week in Phone Fraud
This week in phone fraud, the BBC hacks NatWest and the FBI targets Jamaican lottery scams. On Tuesday, BBC Radio investigators demonstrated two ways to take over a NatWest bank account using the phone. Using social engineering, a fraudster could simply report a victim’s phone lost or stolen, then ask to have their phone number…
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March 4, 2016
March 4 – The Week in Phone Fraud
This week in phone fraud, how criminals are using the IVR and mobile wallets. This week, Forbes reported on Pindrop’s 2016 RSA session, “The Art of Avoiding Authentication.” Pindrop’s Director of Research, David Dewey, tested how Apple Pay’s call center authentication option could be compromised at major financial institutions. On Tuesday, American Banker‘s Penny Crosman…
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February 26, 2016
February 26 – The Week in Phone Fraud
This week in phone fraud, white hat social engineering and believable tech support scams. On Wednesday, reporter Kevin Roose published a story of his experience after asking to be hacked. The most surprising attack was also the most simple. The attacker simply called Roose’s cell phone company, impersonating his wife, and quickly gained access to…
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February 22, 2016
Phone Scam Breakdown: Google Listings Scam
The first step in protecting against phone scams is understanding how they work. That’s why in this series, we’re breaking down some of the newest and most popular phone scams circulating among businesses and consumers. The Scam You’re a small business owner running a website through a popular hosting site. You have purchased the unique…
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February 19, 2016
February 19 – The Week in Phone Fraud
This week in phone fraud: teenage phone hackers around the world On Friday, British authorities announced that they have arrested a 16-year-old suspected of being involved with a group that used social engineering phone calls to hack into the Department of Justice web portal, the FBI network, and the private email accounts of high-ranking U.S.…
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