PINDROP BLOG

Category: Consumer Fraud

February 27, 2015
Feb 27, 2015 – The Week in Phone Fraud
This week in phone fraud, Healthcare.gov provides an opportunity for phone fraudsters and Atlanta is named a hub for cybersecurity. On Monday, Hacksurfer issued a cyber security risk report, listing the new threats of the week. Hacksurfer interviewed Pindrop’s Director of Research, David Dewey, about a potential new threat connected to incorrect tax information from…
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February 26, 2015
The Story Behind Swatting
“The exploits are anywhere you give your money. Those are the holes. Anyone you give your money, anyone who has your phone number, anyone who has your address – they’re the exploits. If their support line is based on human interaction, it’s super easy.” -ZeroExFF, Self-Confessed Swatter   “Swatting” is a prank often used by…
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February 24, 2015
How the Pindrop Phoneypot Can Help Stop Robocalls at CFCA – FIINA
Robocalling and other malicious calling campaigns continue to plague the telecommunications industry. The FTC received nearly two million complaints about robocalls in 2014, accounting for about half of the total Do Not Call Complaints made that year. These unwanted calls waste more than 20 million working hours each year for SMBs. One tool that is…
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February 20, 2015
Feb 20, 2015 – The Week in Phone Fraud
This week in phone fraud, Pindrop raised $35M in funding and the FBI arrested their most wanted telephony cybercriminal. On Thursday, Pindrop announced a $35 million Series B round of financing, one of the largest Series B rounds in the history of the security industry. According to Ben Kepes of Forbes, “It’s quite pleasing to…
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February 18, 2015
SiriusXM Radio Files Misdial Trap Complaint
Last week, SiriusXM Radio filed a trademark complaint against the “John Does” using phone number 1-800-593-7474. SiriusXM operates a customer service line at 1-888-593-7474 (1-888-539-SIRIUS), where customers can purchase services, activate current services, and speak to agents regarding issues with their services. According to court documents, a group of fraudsters have taken the 1-800 version…
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February 13, 2015
Feb 13, 2015 – The Week in Phone Fraud
This week in phone fraud, police fight swatting attacks and Pindrop presents its large-scale telephony honeypot. On Monday, the BBC reported on the arrest of alleged swatter, Brandon Wilson in Las Vegas. Wilson, known by his gaming handle as “famed god,” has been charged with computer tampering, intimidation, fraud, and ID theft. In a separate…
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February 9, 2015
Pindrop’s Phoneypot at NDSS 2015
This afternoon, postdoc Payas Gupta will be presenting “Phoneypot: Data Driven Understanding of Telephony Threats” at the 2015 Network and Distributed System Security Symposium (NDSS) in San Diego, CA. This presentation will be the culmination of a collaboration between Pindrop Security and Georgia Tech to create the first large scale phone honeypot for the purpose of…
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February 6, 2015
Feb 6, 2015 – The Week in Phone Fraud
This week in phone fraud, the IRS phone scam blows up as fraudsters learn to use robo-dialers and phone lines at Holiday Inns get hacked. This week, the Detroit Free Press (and several other news channels) reported on a spike in the IRS phone scam. It seems that the fraudsters have started to use robo-dialers…
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January 31, 2015
Phone Fraud as a Service
When you think of phone fraudsters, what image comes to mind? For many, it’s a picture of a lone wolf, probably wearing a hoodie, and working out of his mother’s basement. The reality of phone fraud is actually much different. Taking their cue from traditional business models, organized criminals have developed an entire underground economy…
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January 30, 2015
Jan. 30, 2015 – The Week in Phone Fraud
This week in phone fraud, a Peruvian man is sentenced to more than 17 years in prison for running a fraudulent call center, and a new report suggests seniors are losing more than we thought to phone scams. On Tuesday, the US Department of Justice announced that Juan Alejandro Rodriguez Cuya was sentenced to serve…
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