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Dec. 12, 2014 – The Week in Phone Fraud

This week in phone fraud news, Pindrop Security partnered with Contact Solutions and IDology and the Atlanta Business Chronicle warns of the top 10 phone scams.

On Thursday, TMCnet reported that Contact Solutions, IDology and Pindrop Security have partnered to create Adaptive Fraud Protection. This new offering provides a multi-layered, proactive fraud management solution for Contact Solutions’ host IVR service.

On Monday, Phil Hudson of Atlanta Business Chronicle discussed a recent Pindrop research study on the top 10 phone scams of 2014. He wrote, “18.5 percent of phone scam complaints were related to scams offering victims reduced interest rates on credit card accounts, 60 percent of all phone scam complaints involve fraudsters impersonating a financial or government institution.”

Full Breakdown of This Week’s Phone Fraud News

TMCnet: Industry Insiders Join Forces to Address IVR Fraud – Dec. 11, 2014

Main Street: Hacking Begins with ‘Hello’: Six Ways to Protect Yourself from Phone Fraudsters – Dec. 11, 2014

Mirror: Is that phone call a scam? – Dec. 10, 2014

Cambridge News: Con artists target blind people in Cambridge region with chilling phone scam – Dec. 10, 2014

CBS Boston: Boston University Warns Students After $2,000 Scam – Dec. 9, 2014

Chicago Tribune: Blotter: Phone Scam Reported in Downers Grove – Dec. 9, 2014

The Gleaner: Why is My Own Phone Number Calling Me? (It’s a Scam) – Dec. 9, 2014

The Hill: Senate Pressured To Take Up Anti-‘Spoofing’ Bill – Dec. 9, 2014

Threatpost: Banks Get Green Light in Target Breach Suits – Dec. 9, 2014

American Banker: How Banks Are Allocating Their Tech Budgets for 2015 – Dec. 8, 2014

Atlanta Business Chronicle: Top 10 Phone Scams of 2014 – Dec. 8, 2014

The Hartford Courant: How Redding Resident Lost $110,000 In Scam – Dec. 8, 2014

The Star Online: Staying One Step Ahead – Dec. 7, 2014

Sutton Coldfield Observer: The 12 Frauds of Christmas – Keep Your Festive Season Con Free – Dec. 7, 2014

Financial Post: Banking on biometrics – Dec. 6, 2014

The New York Times: Brooklyn Man Charged in Phone Fraud That Targeted Elderly People – Dec. 5, 2014

The Independent: Five questions on: Phone scams – Dec. 5, 2014

Times Online: Phone Scammers Strike Again – Dec. 4, 2014

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