PINDROP BLOG

Tag: phone fraud

July 17, 2017
FCC Targets Robocalls Anew
As part of its strategy to stop unwanted and illegal robocalls, the FCC is opening an inquiry into the way that providers reassign phone numbers and how they can help prevent customers from receiving robocalls intended for other people. The problem arises when one customer gives up a phone number, whether it’s a landline or…
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July 14, 2017
FCC Looking For Call Authentication Systems
The FCC is looking for help in developing a system to authenticate phone calls. Caller ID spoofing has become one of the bigger problems on phone networks and is one of the main tools that fraud rings use when running illegal robocall operations. Software and apps to spoof caller ID signals are easily available and…
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July 12, 2017
China Holds Dozens of Japanese Citizens in Phone Fraud Investigation
The Chinese government has detained several dozen Japanese citizens as part of an investigation into a phone fraud ring that has been targeting elderly victims in Japan. The arrests reportedly occurred in late June and are connected to the problem of phone scams that prey on senior citizens looking for easy cash. Similar to phone…
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July 3, 2017
FTC Throws Support Behind FCC’s Proposed Anti-Robocall Rule
The FTC is supporting the efforts of the FCC to expand the definition of what constitutes and illegal call and make life more difficult for telemarketers and robocall operators. In comments sent to the FCC this week, the FTC said that a proposed rule that would allow the establishment of a broad Do Not Originate…
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June 28, 2017
UK Arrests Four in Tech Support Phone Scam
Police in the U.K. have arrested four people in connection with a fake tech support scam in which callers passed themselves off as representatives of Microsoft or other technology companies. Two men and two women were arrested as part of the investigation by City of London Police and Microsoft into the scheme, which has been…
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June 16, 2017
New IRS Phone Scam Tied to Prepaid Debit Cards
Although tax season has been over for two months now, phone scammers are continuing to target victims with a new version of the venerable IRS phone fraud scam, using the agency’s electronic payment system as a lure. The latest iteration of the scheme involves scammers calling victims and trying to bully them into paying imaginary…
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June 8, 2017
FTC Shuts Down Another Tech Support Scam
The FTC has reached settlements with two people and companies who the commission alleges were using fake pop-up ads and persuasive phone tactics to run a fake tech support scam. The settlement includes a fine of more than $800,000 and a permanent ban on any of the defendants engaging in similar schemes. This settlement is the resolution…
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May 10, 2017
New Phone Bot Being Used in Harassing Calls
Some attackers have taken to using a new phone bot for the Discord chat and voice app to send large numbers of harassing and nuisance calls to individual victims, retailers, and even law enforcement agencies. Known as Phonecord, the bot is being used in a number of different ways. But unlike most other phone-based campaigns, the…
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May 1, 2017
Strike Force Recommends Narrow Use of Robocall-Blocking Tool
Carriers that have tested one of the more promising methods for blocking robocalls–known as a Do Not Originate list–say that the system is effective, but should only be used in narrow, carefully selected circumstances to prevent false positives and stop fraudsters from moving to legitimate numbers. The idea behind the DNO list concept is to define…
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April 26, 2017
Phone Fraud Jumps 113% as Criminals Focus on Call Centers
Criminals are targeting corporate call centers at an unprecedented rate, resulting in a 113 percent spike in the fraud rate in the last year, new data compiled by Pindrop shows. Phone fraud has become one of the favored tactics for criminals as they look for less-risky and more-profitable avenues to get into targeted organizations. The phone…
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