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    Home Cybersecurity
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    From VOIP to Robots: Modern Tech Changes Phone Fraud Landscape

    By
    Sean Michael Kerner
    -
    June 24, 2015
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      PrevNext

      1From VOIP to Robots: Modern Tech Changes Phone Fraud Landscape

      1 - From VOIP to Robots: Modern Tech Changes Phone Fraud Landscape

      by Sean Michael Kerner

      2Most Phone Scams Are International

      2 - Most Phone Scams Are International

      According to Pindrop’s research, 64 percent of fraud calls originate outside the victim’s country.

      3VOIP Is a Phone Fraud Enabler

      3 - VOIP Is a Phone Fraud Enabler

      Phone scam attackers tend not to use landlines; instead, 53 percent of fraud calls come in over VOIP.

      4Credit Cards at Risk

      4 - Credit Cards at Risk

      Credit card institutions face the highest fraud rates, with one out of every 900 calls being some form of fraud, according to Pindrop.

      5Brokerages Have the Highest Phone Fraud Exposure

      5 - Brokerages Have the Highest Phone Fraud Exposure

      When it comes to actual fraud financial exposure, brokerages top the list, at $15 million, followed by credit card institutions, at $11 million.

      6Tech Support Calls Are the Leading Scam

      6 - Tech Support Calls Are the Leading Scam

      There are multiple phone scams, with tech support calls being the most popular with an average monthly volume of 8 million calls.

      7High Fraud Call Volume

      7 - High Fraud Call Volume

      Unfortunately, phone fraud isn’t a unique occurrence. Pindrop reported approximately 86.2 million phone fraud calls each month.

      8Don’t Blame Humans; It’s Robots

      8 - Don't Blame Humans; It's Robots

      While the majority of phone calls still come from humans, Pindrop estimates that 8.1 million U.S. phone numbers receive a minimum of one robocall per week.

      PrevNext

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