Q3 FY23

Telecom Fraud Alerts

Important Updates

➡️ Total suspected fraudulent numbers reported in October, November and December: 51,060

➡️ Number of countries reported for fraudulent traffic in October: 50

➡️ Number of countries reported for fraudulent traffic in November: 44

➡️ Number of countries reported for fraudulent traffic in December: 73

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

UK-led police operation busts phone scammers

UK police disrupted an international criminal network targeting hundreds of thousands of victims in millions of spam phone calls.

SOURCE LINK

Anti-cybercrime team seizes 38 SIM boxes and arrests 2 suspects

Police from Cybercrime Investigation Bureau arrested two men, believed to be members of a call centre scam gang, and seized 38 SIM boxes (SIM-Banks).

SOURCE LINK

Spam creeping into Whatsapp messages: Localcircles survey

Spam messages have creeped into Whatsapp with 95% users getting unsolicited messages regardless of their registration on the do-not-disturb or DND list.

SOURCE LINK

Scammers Take Spam Calls to a Whole New Level

Consumers receiving numerous calls from scammers who claim to be from Nykaa, an Indian e-commerce company, offering them several rewards.

SOURCE LINK

Upcoming Event

Our Recent Case Studies

Case Study 

Unitel spearheads the detection and prevention of Voice Frauds with Subex's Signaling Security Solution

SOURCE LINK

Case Study 

Tackling frauds in Mobile Money Ecosystem: A case study of MTN Eswatini

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Case Study

A case study on combating Mobile Money Fraud

SOURCE LINK

Case Study 

Tier-1 operator defends against SIP Frauds with Signaling Security Solution

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Our Recent Blogs

Fraud Management: Lessons from 2022 & trends to watch out for in 2023

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Don’t let Identity Theft ruin your holidays!

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Authentication in a ‘Flash’: The Opportunity of Flash Calling

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Be on your guard: The rising risk of Data Frauds

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.