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PINDROP BLOG

Category: Phone Fraud

February 18, 2016
IRS Warns of 400% Jump in Tax Scams
The IRS is warning consumers about a huge spike in the volume of phishing emails related to tax return fraud, something that has become an annual occurrence. The warning comes a couple weeks after the agency issued a similar warning about phone fraud scams related to the IRS. Numbers compiled by the agency show that…
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February 18, 2016
Owning VOIP Phones With Zero Clicks
Researchers have uncovered a simple method for compromising some common VOIP phones, enabling them to listen to victims’ calls covertly or use the phones to make expensive or fraudulent calls. The attack takes advantage of the fact that the affected phones don’t have any authentication set up by default, but do have a vulnerability that…
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February 16, 2016
UK Launches Task Force to Address Fraud
Phone fraud, vishing, and other forms of financial fraud have emerged as serious threats to many financial institutions and their customers. Banks and government agencies have begun forming alliances to help address the issue, and the latest is a new task force in the U.K., comprising banks, law enforcement, and government agencies, that will help…
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February 5, 2016
Driving Robocallers Crazy With the Jolly Roger Bot
Robocalls are among the more annoying modern inventions, and consumers and businesses have tried just about every strategy for defeating them over the years, with little success. But one man has come up with a bot of his own that sends robocallers into a maddening hall of mirrors designed to frustrate them into surrender. The bot…
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February 3, 2016
FDIC Releases Cybersecurity Framework for Banks
The FDIC has released a cybersecurity framework for banks that describes a long list of threats to financial institutions and includes recommendations for how they can defend against those threats. The framework doesn’t contain any surprises or novel threats, but provides a broad outline of the problems banks and other financial institutions face, such as…
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February 2, 2016
New Data Shows Google Listing Phone Scam On the Rise
Like malware authors, phone scammers change their tactics and lures often, but for the most part, they play the hits. And the number one song so far this year has been the Google/Yahoo/Bing listing scam that accounted for 22 percent of robocalls in January. The new data from Pindrop Labs shows that scammers are using this…
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January 26, 2016
Feds Indict More Than 50 in Jury Duty Phone Fraud Scam
Federal officials have indicted more than 50 people, including 15 former prison officials and 19 former inmates, in a long-running vishing and phone fraud scheme that was run through a Georgia prison. Using cell phones smuggled into Autry State Prison by guards, the inmates would call victims, mostly in the Atlanta metro area, and inform them…
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January 13, 2016
Bankosy Android Trojan Defeats Voice 2FA
Bad guys are always looking for ways to up their game and find ways around the defenses that security companies and users put in their way. To wit, an Android banking Trojan called Bankosy that has added a new capability that allows attackers to bypass voice-based two-factor authentication. The malware has been around for a…
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January 7, 2016
Fake Tech Support Scams Evolve to Include Support, Purchase History
Calling a tech support line can be a fairly miserable experience. Having tech support reps calling you at home to warn you about supposed malware on your PC is even worse. It’s an old scam, but one that’s gotten a vicious new twist of late with scammers who know every detail of a victim’s support…
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December 30, 2015
IRS Tax Scams Remained Major Threat in 2015
The most dangerous piece of software installed on any computer is the browser, as it is the key target of the vast majority of online attacks. In the same way, the phone quickly is becoming one of the more dangerous devices you can own. Phone fraud scams, whether they target businesses or individual users, have become highly…
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