Unique platform built with AI/Machine Learning & Big Data Analytics providing Real-Time Network Protection and Fraud Prevention
Operators are beginning to grasp the scale and potential of A2P (Application to Person) messaging revenues, and how advances in messaging technology will enable them to overcome the dominance of OTT messaging apps. Juniper research forecasts that A2P messaging revenues will hit $50B globally by 2022. With the right strategies in place, operators can dominate the A2P Messaging market and move their revenues in the right direction again.
Hackers have finally found a way to get into consumers’ pockets by exploiting the SS7 network and stealing two-factor authentication (2FA) SMS codes to empty people’s bank accounts.
Digital connections now play a central role in global socio-economic development, and mobile is the clear growth driver. These days, practically everything digital you want to do can be done on a mobile device. The mobile-centric world of consumer convenience, seamless interactions, and real-time services have brought with it trillions in revenue - and where there is money, fraud will surely follow. The threats are operating on a global scale so it’s no surprise that by 2019 cybercrime will be a $2.1 trillion problem.
In May 2015, Juniper published research entitled ‘The Future of Cybercrime & Security: Financial and Corporate Threats & Mitigation’ that predicted the cost of data breaches would quadruple from 2015, hitting a global cost of $2.1 trillion globally by 2019.
Not so long ago (October 2017) Bloomberg reported how new start-up SMSChain would enable consumers to sell unused capacity from their SMS allowance to enterprises that wanted to use SMS as a communication channel: $75 each month for 500 messages per day (approx. 0.5c per message), according to SMSChain.
2016 was an amazing year for mobile, with Mobile World Congress 2016 acting as the Launchpad for more powerful phones than ever before. Alongside the unveiling of Samsung's Galaxy S7 and LG's G5 smart phone, we talked to smart robots, saw smart things and witnessed new technologies.