Risk, Fraud & Security
US Sets Deadline for Telcos to Use STIR/SHAKEN
The IP network of every US telco must follow the protocol for authenticating caller IDs by 30th June 2021. There are estimates that some telcos will incur up-front costs of over $10mn.
RAG TV: Corrupt Regulators and Investigating Data
Yesterday's episode of RAG TV featured Joseph Nderitu sharing his story of being falsely accused by the Tanzanian regulator, and veteran investigator Ray Green explaining how to get the most from data.
Managing Fraud Risk during a COVID-19 Shutdown
With fewer staff available, but a heightened need to maintain services, telcos and banks may suffer more fraud attacks. Business continuity plans should explicitly cover the management of fraud.
5 Ways for Telcos to Minimize the Impact of Scam Calls and Messages
Telcos need to adopt a multi-layered approach to protecting their customers from conmen.
RAG TV Episode 1: Fighting Scams and Spoofing by Adapting STIR/SHAKEN for Each Telco
Jeffrey Ross, COO of GBSD Technologies, explained why he expects all telcos will work together to prevent the spoofing of caller IDs.
Tanzania Arrests CEO of Vietnamese-Owned Telco
CEO Son Anh Nguyen and five other employees of Halotel, a Tanzanian telco owned by Vietnam's Viettel, have been charged with the illegal use of spectrum, money laundering and tax evasion.
5 Takeaways from Surveillance of a Scam Call Center
Hacker Jim Browning took control of the CCTV inside an Indian scam call center and used it to reveal exactly how it worked. His videos should be used to train all fraud managers.
Court Victory for Alleged Telco Fraudster Will Discourage Future Police Action
Two Maltese operators suffered losses of USD32,300 after Vodafone Greece SIMs were used to make calls to unallocated UK numbers.
Constructing a Hive Mind for Fraud
What can a humble bee teach us about denying criminals access to telecommunications networks?
Coronavirus Used to Spread SMS Spam and Scams
AdaptiveMobile Security has witnessed an increase in spam that exploits anxiety about the novel coronavirus. These attacks fall into three categories.
Singapore Tackles Scams By Displaying ‘+’ Symbol for International Calls
Authorities are taking action following a 50% rise in phone impersonation frauds.
26 SIM Swappers Arrested in Spain and Romania
A gang working in Spain stole EUR3mn from its victims, whilst a Romanian gang took EUR500,000 from Austrian bank accounts.
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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