Identifying customers by asking questions is a risk because the answers are also known to internal fraudsters. Safaricom will use voice biometrics to reduce fraud and boost service.
The Meltdown and Spectre security bugs are serious because they afflict many chips, but the measurement of the risks is trivial.
A young man walked free from a British court after admitting to 2,000 separate DDoS attacks. This is not the first time a court has neglected the damage done by DDoS.
The former Chairman of the National Communications Authority of Ghana is amongst those accused of misusing money allocated for the purchase of Israeli spyware.
Is this a sign that SIM swappers have started to target VIPs?
Is this a model for how to integrate risk management or just a way to lower costs?
Carriers that replay part of a phone conversation are more likely to be engaging in cynical profiteering than espionage.
Insurance brokerage Willis Towers Watson found that two-thirds of US cybersecurity insurance claims were prompted by the abuses or negligence of employees.
Two different stories about the beneficiaries of fraud reveal how little is really known by either telcos or law enforcement.
Embedded SIMs will counter some traditional fraud threats whilst creating new kinds of opportunities for ingenious hackers.