The SIM swap problem is becoming a headache for businesses and for mobile operators but the issue is even more painful for the mobile subscribers as fraudsters are gaining control of their messaging accounts as well as bank accounts. This is a pain that everyone can feel immediately. WHAT IS SIM SWAP? The article from Hackread clearly…
Not so long ago (October 2017) Bloomberg reported how new start-up SMSChain would enable consumers to sell unused capacity from their SMS allowance to enterprises that wanted to use SMS as a communication channel: $75 each month for 500 messages per day (approx. 0.5c per message), according to SMSChain. On one hand, it makes sense: SMS can…
Operators are beginning to grasp the scale and potential of A2P (Application to Person) messaging revenues, and how advances in messaging technology will enable them to overcome the dominance of OTT messaging apps. Juniper research forecasts that A2P messaging revenues will hit $50B globally by 2022. With the right strategies in place, operators can dominate…
In technology, what’s viewed as important today, will dramatically change tomorrow. As the industry transitions towards LTE and 5G, there is a critical and growing requirement for a new, more distributed network architecture. The 5G (NR) (new-radio core network) has advanced network slicing architectures and is a key part of a multi-access edge computing and IoT strategy. Supporting low-latency…
Hackers have finally found a way to get into consumers’ pockets by exploiting the SS7 network and stealing two-factor authentication (2FA) SMS codes to empty people’s bank accounts. Engineers spoke out with a warning to possible risks of the security of Signaling System Number Seven, or SS7 as far back as 2008. This widely-used protocol,…
In May 2015, Juniper published research entitled ‘The Future of Cybercrime & Security: Financial and Corporate Threats & Mitigation’ that predicted the cost of data breaches would quadruple from 2015, hitting a global cost of $2.1 trillion globally by 2019. As anticipated, cyber-guerillas have been ramping up their campaigns to profit from the misery they…
2016 was an amazing year for mobile, with Mobile World Congress 2016 acting as the Launchpad for more powerful phones than ever before. Alongside the unveiling of Samsung’s Galaxy S7 and LG’s G5 smartphone, we talked to smart robots, saw smart things and witnessed new technologies. This year, MWC 2017 looks set to trump 2016,…
Digital connections now play a central role in global socio-economic development, and mobile is the clear growth driver. These days, practically everything digital you want to do can be done on a mobile device. The mobile-centric world of consumer convenience, seamless interactions, and real-time services have brought with it trillions in revenue – and where…
