Telecom Fraud Prevention: The Role of Stir/Shaken
Fraudulent phone calls, scammy robocalls, and deepfake AI voice and video calls have become a major issue for people all over the world. As per latest stats , every day, one out of every ten calls is a scam call. What’s more distressing is such fraudulent and scam calls are increasing with each passing day. A new research revealed that scam calls have risen by a whopping 350 percent over the past three years! A new study found scam calls result in losses of more than USD 9.8 billion in just 12 months. It’s really worrying. Now, the question comes: is there something that can prevent fraudulent calls? Yes! The solution to the problem is Stir/Shaken . Stir/Shaken stands for Secure Telephone Identity Revisited ( STIR ) and Signature-based Handling of Asserted information using toKENs ( SHAKEN ). It is a framework designed to combat illegal caller ID spoofing—a tactic commonly used by fraudsters to disguise their identity and deceive recipients into answering scam calls. What Is...