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Scammer Made $100mn Importing Fraudulent Cisco Equipment from China to US

Onur Aksoy is charged with selling knock-off Cisco equipment that had been disguised in China to look like the latest tech.

Turning Towards Today’s Risk Priorities

There are so many Commsrisk articles about nuisance calling and Cold War 2 that each topic deserves a separate category.

Chief Target of New US Robocall Crackdown Is American Banned from Telemarketing in 2013

Roy Cox was never made to pay a USD1.1mn penalty for past violations but is now blamed for 3.5% of all US robocalls since 2018.

What Is the Cost of Rogers’ 15-Hour National Outage?

A leading Canadian telco failed emergency services, banks and retailers as well as phone users, but the cost of the backlash is likely to be far worse than just the revenues lost and compensation paid.

Survey Says Regulators Not Doing Enough to Stop Fraud

The new i3forum-RAG survey of international wholesale fraud showed widespread dissatisfaction with regulatory frameworks.

Welcome U-Turn Sees 43% Cut to Tanzania’s Mobile Money Tax

Other governments should also seek to learn from Tanzanian policies that backfired.

Calls with STIR/SHAKEN C-Attestation Almost 6 Times More Likely to Be Robocalls than Unsigned Calls

One billion bad calls were 'authenticated' during June by systems which were supposed to protect Americans from bad calls.

Mobileum Seeks More Takeovers

The California-headquartered suppliers of risk and security technology will also continue recruiting in India, which will be home to over two-thirds of their global headcount.

Half of All Australian Scams Begin with Voice Calls

Losses to scams increased by 84 percent in 2021 but there was also a 50 percent reduction in the number of phone scams reported.

Commsrisk Top Ten for June 2022

Which articles grabbed the attention of your peers? These were the ten most popular Commsrisk posts during June.

The Million-Pound British Alternative to the Billion-Dollar STIR/SHAKEN Program

Prof. Feng Hao of Warwick University has a bottom-up method for checking CLIs that could be much cheaper than the US approach.

MTN Nigeria Subsidiary Demands Banks Return $54mn of ‘Wrong’ Mobile Money Transactions

Usoro Usoro, CEO of MoMo Payment Service Bank, submitted a court affidavit about 700,000 improper transfers to 18 different banks.

The Commsrisk Global Fraud Dashboard


Our Global Fraud Dashboard uses AI-powered search to collate, update and visualize data about scams and other network abuses from around the world. New charts are added each month. See it here.

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