PINDROP BLOG

Category: Phone Security Threats

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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June 12, 2015
June 12 – The Week in Phone Fraud
This week in phone fraud, alternatives to knowledge based authentication and how to battle the modern robocaller. Recent attacks on the IRS and Apple Pay prove that cybercriminals know too much about us. This story from CSO Online examines why Knowledge Based Authentication is failing, and available alternatives including device-printing and biometrics. In the days…
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June 5, 2015
June 5 – the Week in Phone Fraud
This week in phone fraud, US expats in Costa Rica mastermind massive call center fraud, and Pindrop research is in the news. On Monday, the Tico Times, Costa Rica’s largest English-language newspaper, published an expose on fraudulent call centers headquartered in the country. According to the report, Costa Rica is home to a massive scam…
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May 29, 2015
May 29 – The Week in Phone Fraud
This week in phone fraud, phone scams to increase following IRS data breach and a UK man loses £176,000 to Ferrari phone scam. This week the news broke that hackers have attacked the IRS, accessing tax information for more than 100,000 Americans. CBS Moneywatch spoke to Gartner’s Avivah Litan about the long term effects of…
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