Confidence tricks

FCC Confirms Service Provider Safe Harbor for Protecting U.S. Consumers and Businesses from One-Ring “Wangiri” Robocall Scams

Retrieved on: 
Thursday, February 18, 2021
Telecommunications, Software, Internet, Data management, Technology, Mobile, Wireless, Other Technology, Security, Telemarketing, Confidence tricks, Neologisms, Robocall, Premium-rate telephone number, Telecommunications, Fraud, Communication, Deception, Telecommunications, Software, Internet, Data management, Technology, Mobile, Wireless, Other Technology, Security, Telemarketing, Confidence tricks, Neologisms, Robocall, Premium-rate telephone number, Telecommunications, Fraud, Communication, Deception

In a type of robocall scam known as wangiri , fraudsters call but hang up after the first ring.

Key Points: 
  • In a type of robocall scam known as wangiri , fraudsters call but hang up after the first ring.
  • When victims call back, they dont realize that its a premium telephone number and theyre hit with steep toll charges.
  • TruNumber Protect identifies these premium-rate numbers to help service providers protect their subscribers from one-ring scams.
  • The 2019 Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act instructed the FCC to consider steps to protect consumers from one-ring scams.

Is it amour – or scam-more?

Retrieved on: 
Thursday, February 11, 2021
Fraud, Social engineering, Matchmaking, Romance scam, Confidence tricks

According to the new Data Spotlight, For three years running, people have reported losing more money on romance scams than on any other fraud type identified in Sentinel.

Key Points: 
  • According to the new Data Spotlight, For three years running, people have reported losing more money on romance scams than on any other fraud type identified in Sentinel.
  • In 2020, reported losses to romance scams reached a record $304 million, up about 50% from 2019.
  • The continued popularity of dating apps is part of the story, but the pandemic has played a part, too.
  • For right now, the need for social distancing and masking makes the meet cute at the local coffee shop less likely.

New FTC Data Show Massive Increase in Romance Scams, $304M in Losses

Retrieved on: 
Wednesday, February 10, 2021
Fraud, Social engineering, Confidence tricks, Matchmaking, Romance scam, Money, Deception, Crime, Gift card, Wire transfer, SSA impersonation scam, IRS impersonation scam

A newly released data spotlight shows that the amount consumers reported losing to romance scammers is up about 50 percent since 2019, and has increased more than fourfold since 2016.

Key Points: 
  • A newly released data spotlight shows that the amount consumers reported losing to romance scammers is up about 50 percent since 2019, and has increased more than fourfold since 2016.
  • According to the spotlight, consumers most often report sending money to romance scammers by wire transfer or in the form of gift cards.
  • Reports of gift cards used to pay romance scammers were up by nearly 70 percent over 2019.
  • The FTC provides tips for consumers on how to spot romance scams and protect themselves at ftc.gov/romancescams

New FTC Data Show Massive Increase in Romance Scams, $304M in Losses

Retrieved on: 
Wednesday, February 10, 2021
Fraud, Social engineering, Confidence tricks, Matchmaking, Romance scam, Money, Deception, Crime, Gift card, Wire transfer, SSA impersonation scam, IRS impersonation scam

A newly released data spotlight shows that the amount consumers reported losing to romance scammers is up about 50 percent since 2019, and has increased more than fourfold since 2016.

Key Points: 
  • A newly released data spotlight shows that the amount consumers reported losing to romance scammers is up about 50 percent since 2019, and has increased more than fourfold since 2016.
  • According to the spotlight, consumers most often report sending money to romance scammers by wire transfer or in the form of gift cards.
  • Reports of gift cards used to pay romance scammers were up by nearly 70 percent over 2019.
  • The FTC provides tips for consumers on how to spot romance scams and protect themselves at ftc.gov/romancescams

APWG REPORT: Phishing Attacks Double in 2020 and October Shatters All-Time Monthly Records

Retrieved on: 
Wednesday, February 10, 2021
Spamming, Social engineering, Cybercrime, Crime, Confidence tricks, Fraud, Articles, Phishing, Anti-Phishing Working Group, Business Email Compromise

CAMBRIDGE, Mass., Feb. 9, 2021 /PRNewswire/ --The APWG's new Phishing Activity Trends Report reveals that the number of phishing attacks observed by APWG members grew through 2020, fully doubling over the course of the year.

Key Points: 
  • CAMBRIDGE, Mass., Feb. 9, 2021 /PRNewswire/ --The APWG's new Phishing Activity Trends Report reveals that the number of phishing attacks observed by APWG members grew through 2020, fully doubling over the course of the year.
  • Attacks peaked in October 2020, with a high of 225,304 new phishing sites appearing in that month alone, breaking all previous monthly records.
  • APWG contributor Agari continued to track "business email compromise" (BEC) attacks, one of the most damaging types of Internet crimes.
  • APWG contributor PhishLabs found that in the fourth quarter of 2020, 84 percent of phishing sites had SSL encryption enabled.

REDCOM demonstrates continued effectiveness of caller authentication standards with the ATIS Robocalling Testbed

Retrieved on: 
Tuesday, February 9, 2021
Telecommunications, Telephony, Telemarketing, Caller ID, Confidence tricks, Deception, Neologisms, Robocall, Caller ID spoofing, Nuisance call, Spoof, Subaru Tecnica International

REDCOM previously completed this testing in 2019, and is proud to have completed it again with both STI-AS and STI-VS functionality.

Key Points: 
  • REDCOM previously completed this testing in 2019, and is proud to have completed it again with both STI-AS and STI-VS functionality.
  • These tests are part of a broader industry effort to help service providers protect consumers against unwanted robocalls and caller ID spoofing.
  • "Nuisance calls are one of the biggest pain points affecting consumers today," Said Shannon Chevier, Director of Product Management for REDCOM.
  • "As of October of last year, we had sixty-six registered participants in the ATIS testbed.

KnowBe4 Launches Season Three of Netflix-Style Security Awareness Training Series

Retrieved on: 
Tuesday, February 9, 2021
Cybercrime, Crime, Identity theft, Articles, Confidence tricks, Computer security, Phishing, Ransomware, Simulated phishing, Security awareness, Social engineering

Tampa Bay, FL, Feb. 09, 2021 (GLOBE NEWSWIRE) -- KnowBe4, the provider of the worlds largest security awareness training and simulated phishing platform, today announced it will launch season three of The Inside Man, an award-winning, network-quality security awareness training series to KnowBe4 customers.

Key Points: 
  • Tampa Bay, FL, Feb. 09, 2021 (GLOBE NEWSWIRE) -- KnowBe4, the provider of the worlds largest security awareness training and simulated phishing platform, today announced it will launch season three of The Inside Man, an award-winning, network-quality security awareness training series to KnowBe4 customers.
  • KnowBe4 has had such success with The Inside Man, that were bringing our customers another season of the beloved series, said Perry Carpenter, chief evangelist and strategy officer, KnowBe4.
  • KnowBe4, the provider of the worlds largest security awareness training and simulated phishing platform, is used by more than 35,000 organizations around the globe.
  • Founded by IT and data security specialist Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud and other social engineering tactics through a new-school approach to awareness training on security.

KnowBe4's SVP of People Operations Erika Lance Honored With National Human Resources Award

Retrieved on: 
Wednesday, February 3, 2021
Cybercrime, Identity theft, Social engineering, Crime, Confidence tricks, Fraud, Phishing, Simulated phishing, Mobilize, Property crimes

TAMPA, Fla., Feb. 3, 2021 /PRNewswire-PRWeb/ -- KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced that its SVP of People Operations Erika Lance has been recognized as the winner of a 2021 OnCon Icon Award for Human Resources Professional of the Year.

Key Points: 
  • TAMPA, Fla., Feb. 3, 2021 /PRNewswire-PRWeb/ -- KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced that its SVP of People Operations Erika Lance has been recognized as the winner of a 2021 OnCon Icon Award for Human Resources Professional of the Year.
  • Voting on finalists was open to the public and was based on the following criteria:
    Made a considerable impact on their organization and/or previous organizations.
  • "As HR leaders we've dealt with a lot of changes this year, and I'm sure there are still more to come," said Lance.
  • Tens of thousands of organizations rely on KnowBe4 to mobilize their end users as the last line of defense.

INKY Closes 2020 with Triple Digit Growth in Enterprise & Midmarket Customers

Retrieved on: 
Wednesday, February 3, 2021
Cybercrime, Identity theft, Social engineering, Confidence tricks, Fraud, Phishing, Crime, Inky, Deception

COLLEGE PARK, Md., Feb. 3, 2021 /PRNewswire/ -- INKY Technology Corporation , a pioneer in next-gen email phishing protection, announced today the company closed 2020 with over 150% in enterprise and midmarket customer growth.

Key Points: 
  • COLLEGE PARK, Md., Feb. 3, 2021 /PRNewswire/ -- INKY Technology Corporation , a pioneer in next-gen email phishing protection, announced today the company closed 2020 with over 150% in enterprise and midmarket customer growth.
  • "INKY's 2020 exponential growth is a testament to the company's dedication to innovation, extending the sales footprint with new partnerships and integrations, as well as exceptional leadership," said Matt Gatto, Managing Director at Insight Partners.
  • "INKY is well positioned to replace legacy Secure Web Gateway vendors and lead the anti-phishing market in 2021."
  • Headquartered in College Park, Maryland, INKY leads the industry in mail protection powered by unique computer vision, artificial intelligence, and machine learning.

IPification Launches One-click Mobile Phone Verification Solution in the UK

Retrieved on: 
Tuesday, February 2, 2021
Technology, Security, Telecommunications, Software, Networks, Internet, Hardware, Electronic design automation, Data management, Consumer electronics, Cryptography, Computer access control, Computer security, Access control, Confidence tricks, Passwordless authentication, SIM swap scam, Mobile commerce, Man-in-the-browser

IPification, the creator of new technology for passwordless one-click mobile authentication, phone verification and fraud prevention, announces the launch of their one-click phone verification solution in the UK.

Key Points: 
  • IPification, the creator of new technology for passwordless one-click mobile authentication, phone verification and fraud prevention, announces the launch of their one-click phone verification solution in the UK.
  • IPification phone verification will be available to all app developers, banks, fintech, entertainment, gaming mCommerce, and other businesses looking to easily replace deprecated and insecure SMS OTP used in registration, login, and transaction verification processes.
  • Based on IPification data, app businesses implementing IPification one-click phone verification, saw a decrease in the mobile app user registration drop-out rate from 40% to 5% depending on the use case.
  • We are expecting that, alongside one-click phone verification, IPification will be able to deploy SIM swap detection and device detection solutions in 2021.