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PINDROP BLOG

Category: Phone Security Threats

May 23, 2014
May 23, 2014 – The Week in Phone Fraud
This week in Phone Fraud news saw coverage around the popular IRS and Green-Dot Scams. On Thursday the Idaho-based Coeur D’ Alene Press covered the spread of the IRS scam in their region. A staff writer for the publication provided some detail into the attack, describing how one man with a heavy accent called a…
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May 16, 2014
May 16, 2014 – The Week in Phone Fraud
This week in Phone Fraud news saw coverage around a UK based bank scam out of Limavady. On Tuesday UTV first reported on the scam, noting that over the course of two months Limavady police officials had noticed an uptick of fraudsters social engineering victims out of significant sums of money. The fraudster’s methodology varied…
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May 9, 2014
May 8, 2014 – The Week in Phone Fraud
This week in Phone Fraud news saw coverage around an emerging Fake Windows Support Scam, in which Fraudsters targeted a wide swath of the population, including in multiple instances, the elderly Swedish community. On Monday Gregg Keizer of Computerworld first reported that Microsoft was aware of the issue and that there were no signs of…
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May 2, 2014
May 2, 2014 – The Week in Phone Fraud
This week in phone fraud news saw coverage around the revelation that the IRS Phone Scam we reported on in a previous blog post was far larger than originally reported, along with one Forbes reporter’s personal brush with a phone scam. On Monday, Forbes reporter Tony Bradley published an article detailing his own close call…
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April 25, 2014
April 25, 2014 – The Week in Phone Fraud
The Week in Phone Fraud This week saw Phone Fraud news coverage primarily around the arrest of a six-man phone fraud scam ring in Hertfordshire England. The coverage started at a local level, but eventually saw pick up in The BBC. On Wednesday The Hertfordshire Mercury first covered the scam bust, reporting on the arrest…
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April 15, 2014
Largest IRS Phone Scam Likely Exceeded 450,000 Potential Victims in March
The IRS is warning people about the “largest ever” phone fraud scam targeting taxpayers. In the interest of learning more about this phone-based threat, Pindrop has investigated the attacks and, among other things, we have successfully posed as a victim and recorded the call. What follows is the complete audio and transcript of the interaction,…
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April 9, 2014
Phone security on the radio
Last week, I sat down with Dana Barrett of the Wall Street Business Network to talk about our company’s technology and how organizations can use it to help protect themselves from the constantly evolving threat posed by attackers. During the interview, we discussed a very basic but somewhat unsettling fact. Despite incredible strides made in…
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January 20, 2014
New York Times talks phone fraud
Fake emails are usually pretty easy to spot because you can look and see if it came from Bank of America or from FreeEmailAddressInEgypt(dot)com,” said Mr. Forester, 29, who is an electrician. “With the phone, you don’t have that option of researching. The New York Times today invested some time in discussing the increase in…
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November 21, 2013
Know Your Fraudster
Today Pindrop Security released “KYF: Know Your Fraudster,” our 2013 Phone Fraud Report. You already Know Your Customer (KYC), time to know the other callers into your institution. We examined phone fraud activity affecting financial services institutions during the first six months of 2013 and found some staggering figures, most notably that 1 call for…
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September 27, 2013
Right person, right phone, right place
There are not a lot of surprises in the security world. With email, web, database, etc., the model has looked basically the same. Figure out how what a good guy does differs from what a bad guy does. The challenge has always been telling that difference. What do you know? Can you trust it? Can…
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PSCU and Pindrop Block $1 Million in Fraud in One Month