Friday, March 16, 2012

Caller ID spoofing scams aim for bank accounts

Cyberthieves are stepping up phone-calling scams that pilfer the accounts of consumers who bank online. And many such calls are linked to Caller ID spoofing, which causes the recipient's phone to display a Caller ID number that appears to originate from a trusted party. In the second half of 2011, Pindrop Security detected more than 1 million fraudulent calls, including 189,439 in December, a 52% surge from July, according to a first-of-its-kind report released Thursday.