Risk, Fraud & Security
FBI Warns $18m Extorted by CryptoWall Trojan
The CryptoWall malware encrypts computer files, forcing victims to pay a ransom to the criminals responsible.
Eat All You Want, Bite More Than You Can Chew
AT&T were fined USD100mn for throttling customers on an unlimited data plan dating back to 2007. Most telcos give up on long-range risks like this, which is the worst mistake of all.
StarHub Buys Neural FMS for $1mn
British vendor Neural Technologies has won a competitive tender to supply Singaporean comms provider StarHub with a replacement fraud management system.
The Great Vodacom Tanzania Swindle
Tanzania's parliament is demanding a speedy investigation after a whistleblower claimed USD350mn had been stolen by a dealership that pirated electronic recharge vouchers.
Messages of Death Signal Comms Fragility
Nobody wants to be knocked off the network because of a few naughty characters. But recent incidents are a useful reminder that the systems we rely upon can sometimes be brittle.
CFCA Fraud Survey Closes Soon
June 15th is the deadline for responses to the Communications Fraud Control Association's 2015 fraud loss survey.
Should Networks Have Pre-Integrated Fraud Detection?
We should debate the risks and advantages of buying systems that include pre-packaged assurance software.
Revector: New Phone Program Fights Fraud
British vendor Revector is known for bypass detection, but talking with their boss and developers reveals a firm that innovates technologically whilst maintaining robust values.
Risk Leadership Report: 7 Key Takeaways
Tomorrow's Company have issued an excellent report describing what non-financial businesses need from their risk leaders. Here are 7 conclusions that you should know about.
EI Telecom Buys Xintec IRSF Solution
The Irish RA and FMS vendor has added France's largest MVNO to a customer list focused on smaller telcos.
EU Single Digital Market Strategy is Vague
The final version of the EU's Single Digital Market Strategy says less about how it will reform Europe's communications market than the previously leaked draft.
Virus Sent to 123-reg Domain Name Customers
Customers of 123-reg, the UK's largest web domain name registrar, have received phoney emails with a malware-laden 'invoice' attached.
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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