Going mobile with fraud detection

Preventing mobile-based fraud requires coordinated efforts between regulators, industry bodies representing mobile operators, banking and financial services, and security tech providers

Topics
frauds | smartphone buyers in India | Mobile phones

Pranjal Sharma 

Pranjal Sharma

Our dependence on mobile phones just keeps increasing. Consequently, there has been a concomitant rise in fraud using mobile phones.

Hundreds of millions of new users joining the digital mainstream are easier to defraud as they are vulnerable to sophisticated scams. Apart from individuals, even enterprises are placing more and more reliance on mobile-based business processes, especially in the pandemic era. The global GSM Association (GSMA) in its recent report has predicted a huge rise in services beyond the core of fixed and mobile connectivity. “Since 2017, there has been a ...

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First Published: Sun, July 11 2021. 22:31 IST
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