Risk, Fraud & Security
SMS Firm Enabled Scams by Giving Free Trials to Users
Well-known Australian brands were impersonated by fraudsters who exploited a gap in the controls at Burst SMS, a comms provider based in Sydney.
‘Urgently’ Transition Away from SMS and Voice 2FA, Warns US Cyber Safety Review Board
A review of methods used by LAPSUS$ also stated a need for 'whole-of-society' programs to stop kids being tempted by cybercrime.
Ericsson Sued by Shareholders for $170mn over Delay in Disclosing Bribes to Terrorists
Ericsson hid the existence of an investigation into bribes paid to Islamic State for two years. 37 investors now want compensation.
Big Indian Telcos Accuse Amazon of Bypassing International SMS Fees
Jio, Airtel and Vodafone Idea oppose Amazon's demand that TRAI impose a new definition of international SMS traffic.
Koreans Hit by Android Vishing Malware Bank Raiders
Mobile malware is downloaded from a fake website. Spyware obtains data used to steal from the victim's bank account. Calls to the victim's bank are redirected to the gang's call center.
We Need Robo-ears to Understand Robocalls
NCSU researchers extended their robocall honeypot by using machine learning to analyze what scammers tell victims to do. This led them to identify a wholly new way of protecting the public.
Anti-fraud Vendor Asks If Some Anti-fraud Systems Are a ‘Smokescreen’ for Profits from Unlawful Traffic
CodeB published an unorthodox article which appears to be a hypothetical story about an A2P SMS carrier and a bank.
Police Got Crime Intel from 115mn Conversations by Infiltrating EncroChat Comms Network
Spying on the encrypted comms allowed police to subsequently seize or freeze almost a billion dollars' worth of cash and bank accounts.
YouTuber Gets Inside Smishing and Social Engineering
Micode followed digital breadcrumbs that began with an SMS from a number reserved for M2M, took him via web servers and Telegram channels, to swindlers with a psychopathic lack of remorse.
Notorious Brit SIM Swapper Gets 5 Years in US Prison
The sentence may appear severe until you appreciate the variety of crimes committed during a spree that lasted less than 18 months.
Ireland Rejects STIR/SHAKEN; Regulator Proposes Comprehensive Anti-Scam Plan
Comreg has recommended a series of common sense methods to stop scam calls and texts. Other regulators should copy it.
10 Limitations Of Telecom Signaling Firewalls
It is important for telco networks to be defended by signaling firewalls, but the protection they provide can be undermined by the way they are maintained.
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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