Kenya Power Punishes Customers for Internal Fraud
Customers of the Kenyan monopoly are being held to ransom after they unwittingly bought discounted prepaid tokens from crooked employees.
Big Tax Fraud Shows Lax Attitude to Trading Airtime
UK authorities barred a businessman from being a company director for 12 years after his firm contracted to trade GBP43mn (USD52mn) of airtime with a fraudulent enterprise.
Are Carriers’ Own Processes Helping Fraudsters?
There is a spirited debate about the extent to which wholesale carriers should work together to tackle fraud.
WeDo CEO Runs for Political Office
After negotiating the sale of WeDo to Mobileum, Rui Paiva has agreed to represent the new Iniciativa Liberal party in this year’s election for the Portuguese National Assembly.
US Reg Targets Spoofed SMS and Calls from Overseas
The Federal Communications Commission voted to extend existing regulations so they can also pursue wrongdoers sending SMS messages or originating calls from outside the USA.
AT&T Staff Took $1mn in Bribes to Help Theft of 2mn Phones
A Pakistani citizen has been extradited to the USA after allegedly paying staff to install malware on AT&T phones and IT systems.
RAG Wangiri Blockchain Solution Implemented
Araxxe is the first business to successfully connect with the global anti-wangiri ledger, but a range of telcos and vendors will join them very soon.
Persistent Cyber Attack Targeted Networks for Years
Investigation work by security consultancy Cybereason found that a group of state-sponsored hackers have been gradually infiltrating telco networks since at least 2012.
TMF Drafts Guidance on Security Design for IT
The TM Forum’s Open Digital Architecture (ODA) project has written advice on how to assess risk whilst designing security and privacy into IT systems.
Safaricom API Warns Banks about SIM Swaps
Banks and other businesses can safeguard against account takeover fraud by checking if a customer’s SIM has recently been replaced.