PINDROP BLOG

Category: Consumer Fraud

August 21, 2015
August 21 – The Week in Phone Fraud
This week in phone fraud, extortionists target Ashley Madison users and phone fraud surges in China and Hong Kong Earlier this week, the hackers responsible for the attack on Ashley Madison finally released the data stolen in their breach. This included names, phone numbers, addresses, and private details. Brian Krebs reports that he has verified…
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August 14, 2015
August 14 – The Week in Phone Fraud
This week in phone fraud, the FTC asks hackers to help stop robocalls and the largest phone scam in Hong Kong history. Last week marked two of this year’s major security research conferences, Black Hat and DEF CON. This year, the Federal Trade Commission attended both, hosting a contest meant to provide consumers with better…
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August 7, 2015
August 7 – The Week in Phone Fraud
This week in phone fraud, hackers use call centers to break into Twitter accounts, and why you can’t trust caller ID. On Tuesday, novelist Andy Weir, author of The Martian, revealed that his email and Twitter accounts had been hacked. How did it happen? Over the phone. Weir writes that attackers simply called his service…
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July 31, 2015
July 31 – The Week in Phone Fraud
This week in phone fraud, ‘untraceable’ caller ID-spoofing and the FTC warns of data breach scams. According to a report in the Register this week, a new VoIP service allows you to hide who you are by being web-based, having no registration checks, allowing you to spoof caller identity, and pay by Bitcoin. Users who…
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July 24, 2015
July 24 – The Week in Phone Fraud
This week in phone fraud, phone scammers cancel ATM cards and the Ashley Madison breach causes Pindrop Labs to raise the Phone Threat Level. Reports of a new variation on an old phone scam are coming out of Hong Kong. Attackers are impersonating bank fraud-detection teams, asking victims for help on an investigation. When victims…
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July 23, 2015
Ashley Madison Hack Opens Door to Phone Scams
With any major data breach, we expect to see an increase in phone scams. Attackers sell hacked customer data on the black market. Other criminals use the information to mount social engineering attacks on consumers. The recent attack on dating website Ashley Madison, however, could take these types of phone scams to a new level.…
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July 17, 2015
July 17 – The Week in Phone Fraud
This week in phone fraud, FBI issues kidnapping scam warning and tech support scammers are impersonating Apple. This week, the FBI issued a new scam warning to US citizens traveling abroad. Criminals call tourists in their hotel rooms and convince them they are in danger and need to leave the hotel and turn off their…
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July 10, 2015
July 10 – The Week in Phone Fraud
This week in phone fraud, hedge fund loses $1.2M to phone scam and Time Warner ordered to pay $1500 per illegal robocall. On Tuesday, Bloomberg Business published an alarming story on a phone scam that cost one hedge fund $1.2 million. The scam, known as the “Friday Afternoon Scam,” involved a caller impersonating the hedge…
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June 26, 2015
June 26 – The Week in Phone Fraud
This week in phone fraud, hacking email using phone verification and scammers impersonating bank fraud warnings. This week SC Magazine issued a warning about a new phone scam that requires only a victim’s email and phone number. Attackers go to an email login page, enter the target’s email address, and then clicks the link meant…
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June 19, 2015
June 19 – The Week in Phone Fraud
This week in phone fraud, enterprise phone fraud incidents are up 30% since 2013, and the FCC allows consumers to block robocallers. On Wednesday, Pindrop released our annual report on the State of Phone Fraud. We examined several million calls to understand fraud tactics, frequency of attacks, and potential consequences of fraud. We found that…
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