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Fraud Alerts

News about digital frauds from across the world curated and circulated to our subscribers once in a quarter.
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April to June 2013
Q1 - FY14

PBX Hacking generates $600,000 phone bill, losses borne by the carrier

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January to March 2013
Q4 - FY13

Police nab members of syndicate involved in Bypass fraud racket in Manilla, Philipinesa

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October to December 2012
Q3 - FY13

11 fraudsters arrested for Euro 10 million SIM BOX fraud

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July to September 2012
Q2 - FY13

Telecom fraud ring busted in Taiwan and Philippines

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April to June 2012
Q1 - FY13

Mobile Money fraud costs an African operator billions

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January to March 2012
Q4 - FY12

Premium Rate internal fraud hits operator in Indonesia

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October to December 2011
Q3 - FY12

Major African operator loses $9 million to SIM box fraud

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July to September 2011
Q2 - FY12

$ 750,000 per month Telecom Piracy Ring busted

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April to June 2011
Q1 - FY12

Unlocked smart meter SIM card racks up loss of $200,000

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March 2011
Fraud Alert

Hackers run up huge texting bills by adding malicious ‘features’ to legitimate smartphone apps

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February 2011
Fraud Alert

A new fraud trend has been spotted doing the rounds in Nigeria.

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January 2011
Fraud Alert

Romanian police bust €11m telecom fraud

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