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Vulnerabilities around the SS7 mobile data network and Diameter have been a nagging and costly problem within the telecoms industry for years, writes Gary Miller, the vice president of Global Solutions at Mobileum.
Telecoms fraud is an expensive business, writes Katia Gonzalez, the head of fraud operations at BICS. According to the most recent Global Fraud Loss Survey by the Communications Fraud Control Association, fraud cost the industry a huge US$29.2 billion last year alone. This figure was down by more than 23% on 2015’s total, which is certainly encouraging, but the potential remains for the various types and methods of telecoms fraud to do some substantial financial and reputational damage.
Recent research from Mobilesquared reveals that operators’ failure to secure SS7 networks is costing them messaging revenue today and could see them lose share of the two factor authentication market in future, writes George Malim.
Cyberattacks increase in volume and complexity but lack of preparation and skills shortage hampers efforts
Recent research into how the heightened security challenges are being addressed by enterprises and service providers have revealed that the cost of cybersecurity attacks is growing at the same time as the frequency of attacks increases, writes George Malim.
In today’s increasingly connected world, mobile network operators (MNOs) are grappling with the need to add more and more innovative services to meet the growing demands of their customers. Since mobility and convenience are key factors, there is a greater demand for security and trust, writes Juana-Catalina Rodriguez who leads the strategic vision and go-to-market for Digital Identity solutions for MNOs at Gemalto.
Although the security hype remains focused on now-routine cybercrime such as denial of service attacks and hacks to the systems of large brands, network security, and signalling security in particular, is often overlooked. This happens even though it’s a business-affecting issue for mobile operators, writes George Malim.
Oi strengthened by Real savings from e-billing SaaS, as Brazilian operator minimises revenue collection risks
EXCLUSIVE REPORT – Brazil Case Study: It can be hard for telcos to collect what they’re owed at the best of times. And in recent years, says VanillaPlus’s editorial director, Jeremy Cowan, Brazil’s economic situation hasn’t been within shouting distance of the best of times. (more…)
So there I was, discussing subscriber fraud last week in the steamy heat of Miami Beach with WeDo Technologies’ North America VP, Thomas Steagall, says Jeremy Cowan. Outside, it was still hot enough for Factor 35 and we were both trying to concentrate on profit margins. (more…)
International management consulting firm, ST2 Technology has announced a new partnership with innovative cybersecurity company Trudera to launch new anti-phishing and fraud technology, GoVerify, designed to restore consumer trust by eliminating phishing attempts and verifying genuine companies to consumers. (more…)