New York prosecutors claim Eugeni ‘Zhenya’ Tsvetnenko took the largest share of profits from a premium SMS auto-enrolling scam.
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.
Fraudsters target stupid people. Anti-fraud programs could learn a lesson from them. (From the fraudsters, not from the stupid people.)
Patrick Kinoti, Head of Fraud at Safaricom, covers multiple aspects of their strategy for protecting M-PESA customers during a short but effective video.
Cognitive dissonance leads people to pretend that businesses are committed to reducing fraud even when those businesses resist simple and effective forms of cooperation.
A former Executive Head of IT at mobile network Cell C was arrested by the serious crimes ‘Hawk’ division of the South African police.
Bad debt topped the tables for the greatest single cause of leakage per the Risk & Assurance Group’s RAFM Survey.
Shareholder representatives are standing by Juris Gulbis, CEO of Tet, after he was charged with overpaying EUR7.6mn for TV equipment.
Stanbic Bank Uganda, MTN Uganda and Airtel Uganda said they faced “unprecedented technical challenges”.
Authorities are taking action following a 50% rise in phone impersonation frauds.