How Robocalls Work: The Emerging Tech You Need to Know About to Protect Your Finances

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Today’s guest blog is a follow-up to the two posts on cybersecurity and social media scams.

Author bio: Brigid Ludwig is a writer who specializes in the wellness and finance spaces. She believes the best ingredients for success are passion and purpose. 

You may find yourself getting calls from random numbers and with interesting messages. If you are, you aren’t the only one. Over the years, they have become more and more numerous across many different states and countries. With the advancement of technology, the number of robocalls has increased by 22 percent in 2019 alone. The sad reality is, the reason they’re so many out there is because they actually work.

Unfortunately, they’re getting smarter. Thanks to the same technologies that have enabled deepfake videos, a wave of fake audio spam calls may be on the horizon. This means that with just a few seconds of a manager, CEO, or financial officer’s voice, scammers from across the world can recreate the voice of people in your company. Then, using autodialing and robocalls, they can direct employees to transfer funds. 

For more on how robocall scams work, and emerging technologies to look out for, check out this infographic by Mint:

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As always, I'd love to hear from you.  Especially, I would love to hear if you have any additional tips to offer, or if you have other comments about this blog post! Stories about personal experiences some of the downsides to technology (like issues with cybersecurity, social media scams, and robocalls) are also always welcome!

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