Business Standard

Monday, December 23, 2024 | 12:17 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

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

mobile phones, fraud, login, sign in, smartphones, digital technology
Premium

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 notable increase in the range of online services people use
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in