As mobile device usage increases, enterprises are becoming more susceptible to fraud, particularly smishing and vishing. Recent studies show 76% of enterprises lack adequate protection against these attacks, which exploit AI advancements and trusted platforms to deceive users. Furthermore, 61% of enterprises report substantial financial losses due to mobile fraud, highlighting an urgent need for stronger defenses. Cybercriminals utilize sophisticated techniques, including deepfakes and reputable cloud services, complicating detection and prevention efforts. Collaboration with Mobile Network Operators is essential for real-time defense against these emerging threats.
Phishing attacks have evolved in complexity, leveraging trusted cloud platforms and deepfakes, leading to increased vulnerabilities for enterprises and their customers.
76% of enterprises lack sufficient protection against voice and messaging fraud, exposing them to significant financial losses and requiring proactive measures for defense.
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