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PINDROP BLOG

Category: Phone Security Threats

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 21, 2015
Phone Scam Breakdown: Retail Purchase Order Scams
The first step in protecting against phone scams is understanding how they work. That’s why we’re starting a new series on the blog, breaking down some of the newest and most popular phone scams circulating among businesses and consumers. **For more information on how phone fraud affects retailers, register for our upcoming webinar, “The State…
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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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June 17, 2015
The State of Phone Fraud
Today, Pindrop Labs released their latest Phone Fraud Report. In the report, we examined several million calls to understand fraud tactics, frequency of attacks, and potential consequences of fraud. This year, for the first time, we dug deeper into the many ways phone fraud affects different industries. From the amount of fraud calls, to the…
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June 15, 2015
Going back to the future with TechCrunch
Yesterday, Somesh Dash, a Pindrop Security board member and investor and general partner at Institutional Venture Partners (IVP), wrote an article in TechCrunch on why it’s important for entrepreneurs to strike a balance between old and new when developing technology. In the article, Somesh uses the example of how Beats by Dre capitalized on seemingly…
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