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Telecom Industry Sees Progress in Voice Fraud Reduction but Faces Rising SMS Threats, 2024 GLF Report Reveals

Telecom Industry Sees Progress in Voice Fraud Reduction but Faces Rising SMS Threats, 2024 GLF Report Reveals

The Global Leadership Forum (GLF) Fraud Report 2024 reveals significant strides in the telecom industry’s fight against fraud, highlighting that nearly 64% of carriers have made fraud prevention their top priority, up from 39% in 2023.

Telecom fraud surges as self-regulation & industry bodies fail to protect consumers

Telecom fraud surges as self-regulation & industry bodies fail to protect consumers

Telecom fraud remains a significant global threat, affecting consumers, businesses, and the integrity of communication networks. Despite the widespread impact, governments, law enforcement, regulators, and telecom operators are not addressing the issue with sufficient urgency.

Transunion 2024 State of Omnichannel Fraud Report

Transunion 2024 State of Omnichannel Fraud Report

Fraud continues to rise globally, with cybercriminals exploiting the rapid growth of digital transactions. TransUnion’s 2024 State of Omnichannel Fraud Report highlights alarming trends in identity theft and synthetic identity fraud, driven by increasing digital transaction volumes.

Modern TVs have “unprecedented capabilities for surveillance and manipulation,” group reveals

Modern TVs have “unprecedented capabilities for surveillance and manipulation,” group reveals

In a report titled “How TV Watches Us: Commercial Surveillance in the Streaming Era,” the Center for Digital Democracy (CDD) spotlighted a massive data-driven surveillance apparatus that ensnares the public through modern television sets.

Silent risk: how telecom operators ignore known vulnerabilities in Global Title, leaving millions exposed

Silent risk: how telecom operators ignore known vulnerabilities in Global Title, leaving millions exposed

Alarmingly, the abuse of Global Titles is widespread, affecting individuals and corporations alike across the globe. Countries with less stringent regulatory frameworks are particularly vulnerable, with documented cases of SS7 exploitation.

Australia: Tech giants, banks and telcos to face massive fines and compensation for failing to protect scam victims under new laws

Australia: Tech giants, banks and telcos to face massive fines and compensation for failing to protect scam victims under new laws

Australians reported more than 601,000 scams in 2023 — a record number and an increase of 18.5 per cent on the previous year, costing victims $2.74 billion, according to the Australian Competition and Consumer Commission.

New Ofcom rules to fight fake number fraud

New Ofcom rules to fight fake number fraud

Scams are a widespread problem – three quarters of people have received a suspicious call or text in the last three months. This represents an estimated 40.8 million adults in the UK.