Q2 FY23

Telecom Fraud Alerts

Important Updates

➡️ Total suspected fraudulent numbers reported in July, August and September: 87580

➡️ Number of countries reported for fraudulent traffic in July: 96

➡️ Number of countries reported for fraudulent traffic in August: 72

➡️ Number of countries reported for fraudulent traffic in September: 84

Source: Subex's MS Center of Excellence (CoE)

Top 10 Fraudulent Traffic Destinations

Source: Subex's MS Center of Excellence (CoE)

Top Fraud Incidents Reported By Fraud Type

Source: Subex's MS Center of Excellence (CoE)

Telecom Frauds Reported

Phishing fraudsters used SIM box to fleece hundreds of victims

An alleged fraud syndicate operating out of homes in Sydney used a SIM box to send automated text messages containing links to fake banking and telecommunication websites where victims were prompted to enter their details.

SOURCE LINK

DoT unearths fraudulent illegal telecom set-ups to route ISD calls

The Department of Telecommunications (DoT) on Wednesday has unearthed fraudulent illegal telecom setups which are used to route international calls through the internet illegally to domestic mobile and wireline customers in India.

SOURCE LINK

Telco fined $200,000 after exposing almost 2000 customers to identity fraud risk

A telco company has been fined nearly $200,000 after an investigation found 1787 customers were exposed to identity fraud.

SOURCE LINK

Loveland Police warn public of spam calls with callers pretending to be officers

The Loveland Police Department has warned the public of recent spam calls that residents have reported where the callers pretend to be officers.

SOURCE LINK

Upcoming Event

18th Edition of
Subex User Conference  

Theme: Enterprise AI for Accelerated Growth

Date: 9th - 10th November 2022
Location: Bucharest, Romania

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Our Recent Case Studies

Case Study 

Almadar leverages one-stop risk coverage with Subex

SOURCE LINK

Case Study 

Batelco combats Roaming Fraud with Subex’s Fraud Management System

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A Middle East Operator chooses Subex for a holistic risk management approach

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Subex helps a Tier-1 Operator stay ahead of Wangiri Fraud with Proactive Detection

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Our Recent Blogs

In a conversation with GO Malta about fighting CLI Spoofing

SOURCE LINK

The surge of Flash Calls: How can CSPs safeguard their revenues

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How telcos can secure their device sales from fraud

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Peeling away the layers of the metaverse

SOURCE LINK

For all previous fraud alerts click on the following link: https://www.subex.com/fraud-alerts/
Get in touch with our experts to know more about dealing with telecom frauds.