No Trust, No Commerce

Trust is a key factor in global commerce: trust produces speed in a transaction; low trust causes friction. 

Caller ID and ANI Spoofing – the primary tool for committing financial theft and identity fraud schemes over the telephone – are on the rise. Social engineering breaches have shattered the value of personally identifiable information (PII) for authenticating telephone callers.

The result? Annual total fraud cost U.S. businesses $54 billion in 2009.

With 60 billion annual calls in the U.S. that require caller validation, Unvalidated Caller ID or Unvalidated ANI is unacceptable. The security of telephone-based commerce is increasingly compromised and your brand, revenue and customer information is at risk. As a result, you can no longer afford fraud as a material cost of doing business.

Protect the Multi-billion Dollar
Remote Telephone Channel

The telephone equivalent of a fake drivers license, spoofing is part of an increasingly sophisticated, “under the radar” way of illegal access through impersonating identity and creating false trust needed to perpetrate fraud. Spoofing, social engineering threats and telephone fraud are leading to the deterioration of Caller ID and ANI validity. More important, they’re outpacing risk mitigation strategies.

Question who you trust …

TrustID’s Telephone Firewall solution restores an important identification factor – the physical security value of Caller ID and ANI – by identifying suspicious Caller ID and ANI to prevent fraudulent behavior. 

By helping financial institutions and other enterprises conducting telephone-based commerce to combat the growing threat of Caller ID Spoofing and ANI Spoofing, TrustID secures the telephone as a profitable, safe way to transfer money, buy products and share information.

Don’t let your enterprise fall victim to rising fraud, such as:

• Voice Phishing (Vishing)
• Social engineering attacks
• Line takeover
• Fraudulent card activation
• Account break-out

Learn more about how TrustID can help you manage fraud and minimize risk.