Fraud

Can AI and Blockchain End Spam and Cyber Fraud in Telecom?
Security Can AI and Blockchain End Spam and Cyber Fraud in Telecom?

The rapidly growing menace of spam and cyber fraud in the telecommunications sector has compelled regulatory bodies and telecom companies in India to take significant measures to combat these threats. With the Department of Telecom (DoT) and the Telecom Regulatory Authority of India (TRAI) at the

FICO and JT Collaborate to Combat Rising Authorised Push Payment Fraud
Security FICO and JT Collaborate to Combat Rising Authorised Push Payment Fraud

The rise of financial scams, particularly Authorised Push Payment (APP) fraud, has become an alarming concern worldwide, prompting immediate action from leaders in the technology and telecommunications sectors. To address this escalating issue, FICO, a globally recognized leader in predictive

FICO and JT's Award-Winning Solution Revolutionizes Fraud Detection
Security FICO and JT's Award-Winning Solution Revolutionizes Fraud Detection

In a groundbreaking development in the field of financial fraud prevention, FICO and Jersey Telecom (JT) have introduced an innovative scam detection solution that has garnered significant acclaim. The FICO Customer Communications Service Scam Signal recently clinched the Silver Medal in the Fraud

How Will Taiwan's New Telecom Rules Combat Telephone Scams?
Security How Will Taiwan's New Telecom Rules Combat Telephone Scams?

Taiwan has recently taken a substantial step to confront the pervasive problem of telephone scams by introducing new telecom regulations. The National Communications Commission (NCC) has crafted a comprehensive strategy aimed at disrupting scam operations and protecting citizens from fraudulent

South Korean Fugitive Arrested in Philippines for Voice Phishing Scams
Security South Korean Fugitive Arrested in Philippines for Voice Phishing Scams

In a significant breakthrough, South Korean fugitive Lee Seul Ki has been apprehended by the Bureau of Immigration (BI) in Pampanga, Philippines. Lee, who is 37 years old, was arrested at his residence in the Clark Freeport Zone located in Angeles City. He is wanted in South Korea for his alleged

Can AI Scambaiting Be the Ultimate Solution to Telecom Fraud?
Security Can AI Scambaiting Be the Ultimate Solution to Telecom Fraud?

AI scambaiting systems are rapidly emerging as revolutionary tools in the ongoing battle against telecom fraud, a multibillion-dollar issue that has severely impacted consumers globally, with the United States suffering significantly. Fraudulent phone calls, leveraging deceitful tactics such as

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