U.S. Tops List of Mobile Fraud Originators, Report Says

This article originally appeared in Wireless Week on Friday, Jan. 20, 2017, and is being reposted in part with permission. A full version of the text can be found here.

The United States topped the list of countries where mobile fraud originates, a new study from Syniverse found.

According to the report, the United States ranked highest among fraud origin countries for all mobile fraud cases analyzed for the report, including text message attacks, suspicious roaming-related incidents, and international revenue sharing fraud attacks. Spain and Peru rounded out the top three originators of such incidents, the report indicated.

Interestingly, while more than 50 percent of fraud attacks in North America originated in the United States, Syniverse found just under 80 percent of the SIMs that account for originating fraud stateside are from Mexico. Similarly, 56 percent of fraud in Spain is conducted using SIM cards from the United Kingdom.

But where is it all going?

Click here to read the full article in Wireless Week.

 

James Stewart is a former Director of Fraud Product Management at Syniverse.

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