• Skip to primary navigation
  • Skip to main content
  • Skip to footer
ATDC

ATDC

Menu
  • About
    • Impact
    • Team
    • Sponsors & Partners
    • Mentors
    • Contact Us
    • Locations
      • ATDC HQ (Midtown Atlanta)
      • ATDC @ ALPHARETTA
      • ATDC @ ATHENS
      • ATDC @ AUGUSTA
      • ATDC @ FORSYTH COUNTY
      • ATDC @ PEACHTREE CORNERS
      • ATDC @ SAVANNAH
  • How We Help
    • Overview
    • Classes
    • Capital
    • Customers
    • Georgia Tech Resources
  • Portfolio
    • Overview
    • Criteria
    • ATDC Accelerate
    • ATDC Signature
    • Graduates
    • Testimonials
  • Industry Vertical Markets
    • HealthTech
    • FinTech
    • Robotics
    • Supply Chain
    • 5G
    • Advanced Manufacturing
  • Events
  • News + Jobs
    • News
    • ATDC Company Job Board
  • Login
  • Join

Pindrop Security: phone fraud forces banks to focus on call center security

March 2, 2016 by ei2admin

Screen Shot 2016-03-02 at 01.10.03Signing onto one’s bank account via tablet or a smartphone for many consumers these days likely means entering two types of authentication before accessing financial info.

So fraudsters, ever searching for ways to drain accounts are increasingly going retro: just making a phone call.

Pindrop Security, an anti-fraud and authentication technology company tells American Banker, an industry trade journal, that crooks are targeting financial institution call centers to drain accounts.

Pin drop Security, a 2014 graduate company of the Advanced Technology Development Center’s (ATDC) Signature program, told American Banker that one out of every 2,000 calls to large banks’ call centers is fraudulent. That’s up from last year, where the company said the rate was about one out of every 2,900.

For regional banks, it’s worse, with one out of every 700 calls to bank call centers being fraudulent.

Read the full story in the American Banker here.

Category iconBlog,  FinTech,  News from Our Companies Tag iconatdc,  FinTech,  Fraud,  Pindrop Security

What is ATDC?

Footer

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

© Copyright 1986 - 2023. Advanced Technology Development Center.
All Rights Reserved.
Tech Square  |  75 5th Street NW, Suite 2000  |  Atlanta, GA 30308
t: (404) 894-3575  |  f: (404) 894-4545 Terms of Use | Contact Us