The volume of global roaming fraud traffic is set to increase by a staggering 700% over the coming five years as scammers look to tap a growing market, according to a new study from Juniper Research.
Experts have raised the alarm about SIM swapping fraud after the number of recorded scams surged tenfold in a year. There was a 1,055 per cent increase in unauthorised phone SIM swaps in the UK in ...
An international cyber fraud syndicate employing illegal SIM Box technology to execute digital arrest and investment scams has been dismantled in Delhi, highlighting the growing threat of ...
India is witnessing a growing threat from a sophisticated cyber fraud known as the SIM Box scam, which allows criminals to cheat thousands of people simultaneously while staying under the radar.
Despite efforts to combat the twin-evil of call masking and subscriber identity module (SIM) boxing in the country that started about a decade ago, it has remained intractable. SIM boxing is a fraud ...
European law enforcement in an operation codenamed 'SIMCARTEL' has dismantled an illegal SIM-box service that enabled more than 3,200 fraud cases and caused at least 4.5 million euros in losses. The ...
Experts have called for stronger laws and stricter regulation to tackle security issues around call masking and Subscriber Identity Module (SIM)-boxing-related fraud in Nigeria. Call masking or ...
Cybersecurity researchers have uncovered a Belarus-based software platform which is helping SIM farm operators support cybercrime on an “industrial scale.” In a new report published yesterday on April ...
SIM swap fraud, often called SIM hijacking, is a form of account takeover where criminals gain access to a victim's phone number. This allows them to assume control over the victim's mobile identity, ...
Rules require more secure customer authentication and notice for SIM changes and port-out requests On November 16, 2023, the Federal Communications Commission ("FCC" or "Commission") released a Report ...