WASHINGTON, D.C.—Small businesses lose more than $4.7 billion annually to toll pumping, an elaborate cyber-scam in which hackers break into a company's phone system, then ring up international premium rate calls.
Womble Carlyle attorney Mark Palchick has been at the forefront of combatting this crime. In 2014, Palchick represented an Atlanta architectural firm whose telecom system had been hacked and toll pumped for $166,000 in fraudulent charges.
Palchick has written a new article for the National Federation of Small Business (NFIB) outlining how toll pumping occurs and what small businesses can do to safeguard their telecom systems from it.
Click here to read "Don't Fall Victim to International Toll Fraud" by Mark Palchick.
Mark Palchick is the head of Womble Carlyle's telecommunication team and has been an attorney in the communications field since 1975. He is experienced in matters relating to Cable Television Program Affiliation Agreements, cross border copyright, E-rate funding, and FCC regulatory matters. Palchick currently represents cable television operators and telecommunication providers in the United States and the Caribbean as well as school districts and broadband providers on E-Rate matters. He practices in Womble Carlyle's Washington, D.C. office.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
