18 million fraudulent SMS messages were blocked during the first full month the firewall was operational.
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 breaches caused most leakage for comms providers, whilst RA-style leakages were worth almost double the value of fraud.
Sharing information is vital to reducing fraud but refusing to share information about fraud is a source of commercial advantage.
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.