News : Pindrop Security Granted Patent for Phone Antifraud and Authentication Technology
Atlanta, GA, USA, June 9, 2015 -- Pindrop Security, a provider in phone fraud prevention and call center authentication for banks and enterprise call centers, announces it was awarded a patent by the U.S. Patent and Trademark Office (USPTO) for its Phoneprinting technology. Pindrop's newly patented Phoneprinting combines authentication with fraud detection technology to verify legitimate callers and detect malicious callers.
Phoneprinting analyzes distinctive audio features in each phone call, including noise, spectrum and VoIP packet loss. The technology can identify anomalies, track callers, determine their location and device type and identify Caller ID spoofing based on 15 seconds of call audio.
Phoneprinting was born out of the Ph.D. thesis of Vijay Balasubramaniyan, co-founder and CEO of Pindrop Security, who noticed phone lines in various countries had subtle differences in audio quality and other attributes. The patent secures the algorithm Balasubramaniyan developed to analyze calls.
Posted by Veronica Silva Cusi, news correspondent
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Pindrop Security provides enterprise solutions to secure phone and voice communications. Pindrop solutions reduce fraud losses and authentication expense for some of the largest call centers in the world. Pindrop’s patented Phoneprinting™ technology can identify, locate and authenticate phone devices uniquely just from the call audio thereby detecting fraudulent calls as well as verifying legitimate callers. Pindrop has been selected by the worlds largest banks, insurers, brokerages and retailers, detecting over 80% of fraud, even for attackers never seen before. Our solutions are allowing our customers to reduce call time and improve their customers experience even while reducing fraud losses. Pindrop is restoring confidence in the security of phone-based transactions.
Published: Wednesday, June 10, 2015
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