Vodafone UK Reports 76% Drop in SMS Scams after Implementing Firewall
18 million fraudulent SMS messages were blocked during the first full month the firewall was operational.
Orange CEO Resigns Following Fraud Conviction
Stéphane Richard was given a one-year suspended sentence relating to the misuse of public funds in 2008 whilst he was an aide to French Finance Minister Christine Lagarde.
Security, Fraud and RA Losses Worth $149bn in 2021 per Survey of Comms Providers
Security breaches caused most leakage for comms providers, whilst RA-style leakages were worth almost double the value of fraud.
How the GLF Watered Down Its Anti-Fraud Code of Conduct
Sharing information is vital to reducing fraud but refusing to share information about fraud is a source of commercial advantage.
Alleged $14mn SMS Scammer Concedes 3-Year Extradition Fight
New York prosecutors claim Eugeni ‘Zhenya’ Tsvetnenko took the largest share of profits from a premium SMS auto-enrolling scam.
Australia Blocked 214mn Scam Calls in 9 Months
Paul Fletcher MP, the Australian Minister for Communications, says the rising number of blocked calls is proof that the country’s anti-scam strategy is working.
Some Victims of Fraud Are Just Stupid
Fraudsters target stupid people. Anti-fraud programs could learn a lesson from them. (From the fraudsters, not from the stupid people.)
How Safaricom Tackles Mobile Money Fraud
Patrick Kinoti, Head of Fraud at Safaricom, covers multiple aspects of their strategy for protecting M-PESA customers during a short but effective video.
The Real Reasons Carriers Cannot Fix Fraud
Cognitive dissonance leads people to pretend that businesses are committed to reducing fraud even when those businesses resist simple and effective forms of cooperation.
Telco IT Exec Accused of $8.6mn Fraud Following Internal Audit
A former Executive Head of IT at mobile network Cell C was arrested by the serious crimes ‘Hawk’ division of the South African police.