Targeting One-Time Password Authentication

Today, a lot more businesses are encountering a considerable rise in expenses attributed to International Revenue Share Fraud (ISRF). This type of digital fraud involves attackers exploiting multi-factor authentication (MFA) systems to gain financial advantages. Initially targeting telecom companies, ISRF has now extended its reach to various industries where organizations rely on voice and SMS one-time passwords (OTP) to safeguard their digital accounts.

IRSF happens when cybercriminals illegally infiltrate a telecom operator’s networks or use rogue carriers to redirect calls and texts to premium rate numbers. Bad actors then use automated attacks on digital touchpoints that trigger OTP, such as account sign-ups and logins, earning a per-transaction payout of $1 or more. 

Hear About How Snapchat Replaced A Leading Bot Mitigation Solution To Dramatically Reduce Fake Accounts On The Web with Arkose Labs

Featured Speaker

Nick Reva

Nick Reva

Engineering Manager, Security Engineering
Snapchat

What Is SMS Toll Fraud?

SMS Toll Fraud, also known as SMS pumping or International Revenue Share Fraud (IRSF), is a growing form of cyberattack in which scammers abuse account registration, 2FA, and similar mechanisms to send large volumes of SMS messages to premium rate numbers, resulting in fraudulent SMS charges to a business. These massively inflated charges can amount to millions of dollars a month. One study showed that SMS Toll Fraud cost businesses $10 billion in 2021, up from $1.8 billion in 2013.

What Is SMS Toll Fraud?
$1 Million SMS Toll Fraud Warranty

$1 Million SMS Toll Fraud Warranty

Introducing the industry’s first warranty against telecommunications service provider costs resulting from SMS toll fraud attacks.

Read About Warranty Benefits

Arkose Labs Prevents Costly Downstream Losses

IRSF is a lurking landmine that businesses can no longer ignore. The costs associated with IRSF often remain hidden in plain sight, and by the time it is detected, fraudsters have already inflicted significant damage. Detecting these attacks in a timely manner poses a considerable challenge for businesses, as threat actors leverage a myriad of tools to exploit consumer touchpoints and circumvent conventional anti-bot defenses. With SMS serving as their gateway to illicitly siphon off funds, these perpetrators operate right under the nose of unsuspecting businesses.

Arkose Labs helps organizations save money and achieve a better return on investment by detecting bogus account sign-ups and malicious logins—and eliminating the persistent attacks on user touchpoints that trigger OTP verifications.

Our advanced security solutions are designed to protect against fraud, reduce the costs associated with manual reviews, and provide a secure and seamless experience for legitimate users.

Sophisticated Risk Engine

Sophisticated Risk Engine

Embedded machine learning assesses real-time device & behavioral intelligence to identify and challenge suspicious traffic.

Interactive Challenges

Interactive Challenges

The custom challenges of Arkose MatchKey, generated in real time, deliver enough friction to deter bot and human attacks from continuing with impacting good users.

Anti-Automation Guarantee

Anti-Automation Guarantee

Arkose Labs provides a 100% SLA guarantee that customers are protected from large-scale automated attacks.

Reduce Reliance On MFA

Reduce Reliance On MFA

In-session secondary screening of traffic before triggering OTPs means businesses can rely less on costly MFA authentication methods.

Protection On Any User Touchpoint

Protection On Any User Touchpoint

Our flexible solution actively protects any user touchpoint accessible through both web and mobile applications.

Real Time Analytics

Real Time Analytics

Our AI-driven decision engine uses advanced analytics to confidently root out suspicious traffic, determine the appropriate attack response, and adapt to evolving threats.

Estimate your business’s cost savings associated with stopping IRSF attacks with our SMS toll fraud calculator

This innovative online tool empowers users to quickly estimate the cost savings associated with mitigating SMS toll fraud, a significant operational and financial threat to enterprises. Arkose Labs stands out among providers due to its extensive expertise in identifying and stopping this threat, resulting in substantial cost savings for customers. We encourage you to explore our numerous case studies showcasing how our solution saves businesses millions of dollars per month in SMS fraud charges. 

CALCULATE YOUR POTENTIAL SAVINGS WITH THIS ROI CALCULATOR:

Select Your Industry

Commercial Banks Commercial Banks
Commercial Banks
Credit Unions Credit Unions
Credit Unions
FinTech FinTech
FinTech
Telecom Telecom
Telecom
Gaming Gaming
Gaming
Social Media Social Media
Social Media
E-commerce/Retail E-commerce/Retail
E-commerce / Retail
Online Gambling Online Gambling
Online Gambling
Media/Streaming Media Media/Streaming Media
Media / Streaming
Travel Travel
Travel
Technology Technology
Technology
1

Total monthly SMS bill

$
2

Percent of SMS monthly bill from high-risk countries
i High Risk Areas: ‘TD’,‘NG’,‘KW’,‘SD’,‘AZ’,‘BO’,‘ID’,‘EG’,‘MY’,‘TZ’,‘KE’,‘YE’,‘JO’,‘RU’,‘LK’,‘OM’,‘GB’,‘IL’,‘VN’,‘BA’,‘BH’,‘GE’,‘RE’,‘MW’,‘PH’,‘BJ’,‘TN’,‘KG’,‘SI’,‘BD’,‘UA’,‘CO’,‘PR’,‘TJ’,‘IQ’,‘LY’,‘SN’,‘BF’,‘UZ’,‘PK’,‘PS’,‘ER’

%
3

Estimated percent of fake accounts being opened/fake SMS messages being sent

%

Companies Winning with Arkose Labs

Arkose Labs protects the world’s leading organizations, 20% of our customers being Fortune 500 companies,

in major industries such as financial services, e-commerce, travel, technology, and telecommunications.

Other Use Cases

Account Takeover

Account Takeover

Arkose Labs eliminates automated account takeover fraud and makes it too costly for fraudsters to launch attacks.

Learn More
New Account Fraud

New Account Fraud

Global businesses are facing a proliferation in fake new account registration attacks.

Learn More
API Protection

API Protection

Arkose Labs provides powerful protection of your web and mobile-facing APIs.

Learn More
Website Scraping

Website Scraping

Identify and stop automated scraping attempts with unprecedented certainty.

Learn More
Bots and Abuse

Bots and Abuse

Defend against mass-scale spam and phishing attempts on your websites and apps.

Learn More

“We think it’s our responsibility to be allies to our user base to protect them on the internet and to create a thoughtful experience where they don’t feel bothered by bad actors.”

Read Case Study
Nick Reva

Nick Reva

Engineering Manager, Security Engineering
Snapchat

Beat the Bots, not Customers