Bank and Credit Card Fraud Biggest Threat from Spam Calls: Hiya
Voice-intelligence platform Hiya said Thursday it flagged more than 9.7 billion calls worldwide as suspected spam in Q3. Bank and credit card fraud is the top threat worldwide, Hiya said. “In almost every country, people are now being subjected to…
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spam calls of this nature,” the company said: “The fraudsters’ aim is clear: convincingly impersonate banks or credit card companies enough to get their victims to reveal account information and passwords in order to gain access to bank accounts and remove funds.” Fraudsters impersonating Amazon, seeking personal information from victims, was the second-biggest global threat, the company said. Hiya detected regional differences. In the U.S. “Medicare scams continue to dominate and are likely to increase in Q4 during its open enrollment period,” the report said. “Scammers' tactics here are different, rather than entice victims to hand over financial information, it’s personal information such as their Medicare number that’s deemed more valuable, so they can falsely bill the US government.”