PINDROP BLOG

Category: Vishing

May 25, 2016
Treasury Arrests Five For Alleged IRS Phone Scam
The Treasury Department has arrested five people who they say were running a phone scam that involved them impersonating IRS agents and threatening to arrest victims for not paying imaginary back taxes. The arrests are part of the federal government’s increased focus on phone fraud scams, especially those that involve criminals pretending to be IRS…
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May 25, 2016
Phone Fraud Scam Targets College Students For ‘Federal Student Tax’
The Federal Trade Commission is warning about a new variant on phone fraud scams that attempts to bully college students into paying a non-existent student tax. The scam is similar to many of the IRS phone scams that have been ongoing for several years, but with the novelty of pressuring students who likely are much…
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May 24, 2016
FBI: CEO Email Scams Cost U.S. Businesses $246M
Businesses in the United States lost more than $246 million to business email compromise attacks in 2015, dwarfing the losses to any other kind of attack, including phishing, vishing, ransomware, and credit card fraud. BEC scams involve a twist on the typical phishing emails, and aim to trick executives or finance employees who have authority…
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May 11, 2016
On the Wire Podcast: David Dewey on Phone Fraud
Dennis Fisher talks with David Dewey, director of research at Pindrop, about the data in the 2016 Phone Fraud Report. Since 2013 there has been a 45 percent increase in phone fraud and now more than one in every 2,000 calls to corporate call centers is fraudulent. This kind of fraud is costing business as…
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May 10, 2016
Data Shows Phone Fraud Costing Businesses as Much as $27M a Year
Last year, about one in every 1,700 calls to a corporate call center in the United States was from a fraudster, and those malicious calls can cost large organizations as much as $27 million per year, new research shows. The rate of phone fraud in corporate call centers has jumped by more than 45 percent in the last…
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May 6, 2016
On the Wire Podcast: Chris Hadnagy
In this episode of the On the Wire podcast, Dennis Fisher talks with Chris Hadnagy of Social-Engineer Inc., about the concept of social engineering, how he got into the field, and how social engineering techniques are used by attackers. Chris talks about the way phishing has evolved in recent years, the rise of phone fraud…
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May 6, 2016
Jolly Roger and the Rise of the Anti-Bot Bots
A bot that started as a way for one man to annoy and frustrate telemarketers and robocallers has now developed into a subscription service for consumers and businesses who have had enough of the unsolicited and sometimes fraudulent calls. The Jolly Roger Telephone Co. is the creation of Roger Anderson, a phone industry veteran who…
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April 27, 2016
Hear a Real Bank Phone Fraud Call From a Fake Cop
The ongoing problem of fraudsters targeting senior citizens with sophisticated phone scams has taken a new turn, as the criminals have begun using a technique that involves them showing up at victims’ homes to collect their debit cards. The scam is an extension of a common phone fraud technique in which criminals call victims–typically senior…
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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 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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