Security News > 2019 > November > Fraud rates increasing as criminals become more sophisticated

Fraud rates have been skyrocketing, with 90 voice channel attacks occurring every minute in the U.S., Pindrop reveals. Key findings Voice fraud continues to serve as a major threat, with rates climbing more than 350 percent from 2014 to 2018 The 2018 fraud rate is 1 in 685, remaining at the top of a five-year peak Insurance voice fraud has increased by 248 percent as fraudsters chase policies that exceed $500,000 In 2018, 446 million … More → The post Fraud rates increasing as criminals become more sophisticated appeared first on Help Net Security.

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