Risk, Fraud & Security
Twitter Is ‘Terrified’ of French Regulator and 6 other Takeaways from Whistleblower’s Senate Testimony
Former Twitter exec Peiter 'Mudge' Zatko described flaws with the company's security and with US privacy protections in general.
Children Used for Giant Fraud on Comms Services Subsidized by US Government
It is good that poor children can go online. It is bad if government subsidies allow a four year old to obtain 1,042 broadband accounts.
London Thief Exploits Yet Another Flaw with SMS OTPs
A serial criminal is taking phones from gym lockers and using them to remove thousands of pounds from bank accounts.
Telcos Were the First Targets of Recent Okta Phishing
Over 130 companies have been compromised by a series of attacks that built upon the data first obtained from telcos.
Bots Disguised as IoT Devices Make Fake TV Ad Traffic
Fraudsters spoof devices to disguise how they inflate the number of views for video adverts. This is an iteration of the broadening threat of phoney online users generating faux traffic.
Twitter Whistleblower Claims ‘Extreme, Egregious Deficiencies’ for Security, Privacy and Spam
If the claims are true, Twitter faces the collapse of its bid to force a takeover by Elon Musk plus enormous fines for violating FTC orders.
Aussie Telco KYC Failures Prompt Large Fine
Circles.Life was given an AUD199,800 fine and will pay another AUD100,000 to compensate customers after failing to perform identity checks that would have stopped frauds.
Smishers Fool Twilio Staff, Hack Corporate Systems and Breach Customer Data
The US comms provider said hackers obtained information about 125 businesses that use their services.
Ericsson Sued over Alleged Terrorist Payments
528 relatives of Americans killed by terrorists want compensation because of 'protection' payments Ericsson made whilst delivering contracts to Wataniya, Asiacell and Korek Telecom in Iraq.
Scammer Made $25mn by Unlocking Phones Using Stolen T‑Mobile Credentials
Argishti Khudaverdyan used phishing and social engineering to fool T‑Mobile employees into giving him access to corporate systems.
IRSF Fraud Expert Colin Yates Joins Symmetry Solutions
Symmetry CEO Bill Leahy has expanded his company's portfolio by adding the PRISM fraud intelligence service that Yates supplies to over 60 telcos globally.
Top Security Researcher Explains How to Crash Telco Networks in the Cloud
Karsten Nohl showed how cloud vulnerabilities could let hackers progress from spying on messages to taking down entire networks.
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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