Another major telco admits personal data was obtained by hackers who exploited a leaky API. 11% of all Americans are affected.
The hacker acted in response to the brutal crackdown following the suspected murder of Mahsa Amini by Iran’s morality police.
The CEO of the Australian telco immediately apologized but sources says up to 9 million customers may be affected because foreign hackers exploited a leaky API.
Commsrisk writer and leading mobile money consultant Joseph Nderitu brought risk into clear focus as he explained the extent to which other businesses now depend on mobile money providers.
Modifying fraud management systems to use APIs to pool intelligence will drive fraud out of our industry.
We have the technology to share hard data about revenue assurance and fraud management, but we continue to spread subjective opinions instead.