PINDROP BLOG

Category: Phone Fraud

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…
Read More →
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…
Read More →
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…
Read More →
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…
Read More →
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…
Read More →
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…
Read More →
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…
Read More →
December 22, 2015
The $1.5 Million Phone Call
Law enforcement agencies, politicians, and security experts often cite cybercrime as perhaps the largest threat to consumers and businesses right now. Finding an accurate estimate of the annual losses from cybercrime is more difficult than finding an honest politician, but certainly it’s in the hundreds of millions of dollars. Indeed, the disruption of botnets or…
Read More →
December 17, 2015
Welcome to On the Wire
The Internet is useful for a lot of things—watching videos of dogs dancing to Toto, ordering drone-delivered ice cream—but it has become less-than-useful at the task that it was originally designed for: organizing information and connecting people to that information. The sheer volume of data, opinions, and speculation available on any given topic makes it…
Read More →
December 17, 2015
Anatomy of a Phone Fraud Scam
When Nargess Sadjady answered the phone at her home in London one early evening in August, the man on the other end gave her some disquieting news: There were some suspicious online purchases on her account. The caller spoke with a soft Scottish accent and said he was from the security team at her bank,…
Read More →