Tag: regulation
Cybersecurity Professor Warns Against Treating Compliance as an Exercise in Procurement
Professor Kim Yongdae of the Korea Advanced Institute of Science & Technology has a message for telcos that get hacked and for the regulators that oversee them.
Mobile Money: So Much Growth, So Many Questions
Collaboration in fraud prevention has not kept pace with the rate at which users adopt mobile money services.
AT&T Defeat of FCC over $57mn Data Breach Fine Shows US Regulatory Enforcement Is Broken
Giving corporations the right to a jury trial is no substitute for appointing regulators that are competent to make the decisions we all need them to make.
Does Anyone Care about Mobile Money Fraud?
Mobile money fraud persists despite warnings. Telcos prioritize profits over prevention, leaving vulnerable users unprotected. Stricter regulations and accountability are overdue.
Self-Regulation Has Failed: Three Reasons to Bring Commsrisk Back
Commsrisk returns with three missions that are simple, cheap and realistic but which demand urgency.
Registries, Timezones, Molehills and a Man Named Bhavesh: How Silos Give Scammers an Advantage
This week we examine how regulators are creating or overcoming barriers to cooperation via news from Australia, the UK and the USA.
Indian Regulator Suggests Increasing the Cost of Calls and P2P SMS to Reduce Spam
TRAI also suggests increased use of honeypots.
US Asks about the Need to Harden SS7 and Diameter Security to Stop Location Spies
The FCC asks if signaling security should be improved although Senator Ron Wyden has already explained why urgent action must be taken.
Irish Regulator Says Anti-Scam Plan Is Worth EUR1.2bn to Society and Economy
ComReg projects that the returns generated by new fraud prevention controls for voice and SMS will be 55 times the cost of implementing them.
Rethinking Digital Financial Services
An interview with Kevin Mutiso, Chairman of the Digital Financial Services Association of Kenya.
Singapore Proposes Telcos and Banks Will Share Liability for Smishing Losses
Telcos would need to fully compensate victims if banks met their obligations but the telco did not block malicious SMS messages.
Corruption Audit Confirms Justice for Sale in Tanzania
The government of former President John Magufuli created a system for extorting money from telcos and other businesses.
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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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