Image courtesy of Help Net Security
Arkose Labs unveiled a new SMS Toll Fraud online ROI calculator that lets CISOs estimate potential cost savings from stopping SMS Toll Fraud, a type of attack where bots hijack voice or SMS one-time passwords for monetary gain. Recent research cited by the company shows the fraud has grown 6-fold, now costing businesses more than $10 billion annually compared to $1.8 billion in 2013. The tool provides an instant financial report to help security leaders quantify the business case for protection.
