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FIRESIDE CHAT: Outrageous phone bills stun businesses targeted for ‘SMS toll fraud’

FIRESIDE CHAT: Outrageous phone bills stun businesses targeted for ‘SMS toll fraud’

Image courtesy of Last Watchdog

In this podcast episode, Last Watchdog spoke with Arkose Labs CEO Kevin Gosschalk about the mechanics and rising prevalence of SMS toll fraud, a scheme where fraudsters pose as phone company affiliates in countries like Indonesia, Thailand and Vietnam, then use bots to trigger mass account-signup SMS messages that generate revenue-share fees. Gosschalk explained that the fraud typically goes undetected until businesses receive unexpectedly high phone bills. He outlined how Arkose Labs works to neutralize these bot-driven attacks before costs spiral.

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