Risk, Fraud & Security
Malaysian Banks Stop Using SMS for Two Factor Authentication
The central bank of Malaysia cares more about stopping fraud than appeasing laggards who are only delaying necessary change.
6 Takeaways from ENISA’s eSIM Security Guide
The EU's cybersecurity agency says embedded SIMs introduce "major security risks for all relevant stakeholders".
Malaysian Telcos Block All SMS Texts Containing URLs
The new Malaysian anti-smishing blocks were introduced on May 2. Banks in neighboring Thailand have also stopped sending links by SMS.
Aussie Regulator Warns of Scammers Pretending To Be the Aussie Regulator… in Mandarin Chinese
The importance of language is underlined by yet another scam aimed at speakers of Mandarin Chinese.
Mother Receives Fake Kidnap Ransom Call Using Cloned Voice of Daughter
Luckily, the mother had the composure to verify her vacationing daughter was actually safe and well.
Criminal Gangs Drive IMSI-Catcher SMS Blasters around Vietnam
Messaging campaigns involving fake base transceiver stations have been identified in seven provinces since the beginning of March.
Facebook Experiments with Flash Calls
They are following the lead of Twitter by wanting to cut expenditure on SMS messages for user authentication.
Ericsson’s New $206mn Bribery Fine: Will They Ever Come Clean?
CEO Börje Ekholm offered more platitudes about ethics after US prosecutors levied another big penalty for corruption.
T-Mobile and TELUS Hacks Illustrate Why Telcos Should Pay for Their Own Policing
If journalists can gather intelligence about security breaches then others could do the same before the story goes public.
Phone Scammers Target Chinese Speakers in the UK
A security researcher concluded telcos lack the language skills needed to identify and address persistent scams aimed at non-native speakers.
FBI Says SIM Swapper Hijacked Accounts of Instagram Influencers to Sexually Harass Them
Amir Hossein Golshan is alleged to have demanded dates and masturbated whilst a victim performed a striptease by video call.
Six Arrested for Swapping SIMs and Forging IDs to Raid a Million Dollars from Bank Accounts
Hijacking the phone services of victims was part of a process that culminated with bank withdrawals made in person using fake ID.
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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