Mobile Identity Nightmare – Attack
What happens when fraudsters steal your mobile identity by committing Porting or SIM swap fraud? The following is a true real-life example of SIM swap fraud. This attack happened to “Bob”, a key employee of a security and risk prevention company. The Fraudster Attacks The fraudster initiated a swap of Bob’s mobile phone number to […]
Is your Mobile Identity Safe?
Phone numbers are used for more than reaching someone via voice or text, they are increasingly used to validate a subscriber’s identity for account access. Fraudsters have recognized this and are exploiting the increasing use of mobile phone numbers for identity. Criminals are utilizing number portability and SIM swap fraud to take control of a […]
Telecom Industry Changes
The telecom industry has been slow to change, and now several forces have come together to reshape the industry in a profound manner. As communications service providers navigate these shifts and use the changes to create a competitive advantage, competition between providers becomes increasingly turbulent. The industry has generated a need for customer-focused services and […]
nVentory Identity Verification
The explosive growth in digital engagement has also led to an undesirable outcome: a sharp increase in cyber fraud. Identity fraud—derived on the back of credentials stolen through a massive number of phishing attacks—has gone up significantly compared to previous years. SIM swaps and account takeovers are now more common than ever before. To support […]
