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: GSMA & Subex's MS Center of Excellence (CoE)

Top 10 Fraudulent Traffic Destinations

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

Top Fraud Incidents Reported By Fraud Type

Source: GSMA & 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

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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

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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.