AB Handshake Corporation

#AntifraudNews  Law enforcement agencies from 19 countries conducted a joint operation to dismantle the LabHost platform, which provided #phishing services. The operation resulted in the detention of 37 suspects, including the site’s administrators, and the shutdown of the publicly accessible platform. Coordinated by Europol and supported by local law enforcement, the investigation revealed that LabHost offered illegal phishing services via a monthly subscription of around $249. The service provided criminals with tools and a wide range of targets for launching attacks. ❗ As a result of the investigation, approximately 40,000 phishing domains associated with LabHost were discovered. UK police identified around 70,000 British victims of phishing attacks hosted on LabHost. Globally, the platform was involved in the theft of 480,000 card numbers, 64,000 PIN codes, and over a million passwords. This is very disturbing news indeed. Cybercriminals now operate on a whole new level, conducting fraudulent activity as organized business. We thank international law enforcement agencies for disrupting such an enormous criminal network. However, the scale of this operation underscores the need for proactive measures. AB Handshake protects businesses from a wide range of fraud via comprehensive services. To join us in preventing future incidents and for a free consultation, visit: https://lnkd.in/d54KXEUP. #antifraud #abhandshake  #fraudprevention #cybersecurity #fraudmanagement #fraudprotection #frauddetection 

From 15-17 May, join us at International Telecoms Week - ITW 2024 in National Harbor, USA. Discover cutting-edge technologies and engage in networking sessions with representatives from across the digital infrastructure ecosystem. Anna Potapova and Dmitry Sumin will be excited to meet you at booth 1814. To schedule your meeting, reach out to us here or at contact@abhandshake.com. See you there! #KeepingTheWorldConnected 

CTO of AB Handshake, Sergey Okhrimenko, presents "Vishing Fraud and Basic Prevention Techniques" at the 38th Global Solutions Council (GSC) Forum in Budapest, Hungary. If you haven’t already, don’t forget to read the Ultimate Vishing Guide. Find it here: https://lnkd.in/gEM_q2cS We're also here to answer your questions in the comments. #antifraud #abhandshake  #fraudprevention #fraudmanagement #fraudprotection #frauddetection 

Dmitry Sumin, Head of Products at AB Handshake, exclusively for Mobile Ecosystem Forum: "Call to Action: SMS Fraud’s Growth Currently Outpaces The Industry’s Response". Key facts include: 🔸 In 2023, SMS fraud led to losses of $5.8 billion (CFCA 2023 Handset Fraud Loss Survey). 🔹 Only 40% of organizations utilize #AI and #ML to detect fraud. 🔸 The average false positive rate for detecting fraud is massive: 23%. These numbers must be reduced. That's why we’ve developed a solution. AB SMS Security uses a modern AI mechanism for intelligent SMS traffic analysis, studying sender patterns, content, and embedded links in real time. Additionally, AB SMS Security utilizes cross-verification technology whenever possible to ensure the authenticity of each message. We thank Mobile Ecosystem Forum for the opportunity to highlight and address the issue of SMS fraud. Read the full article here: https://lnkd.in/dSxchW3D #antifraud #SMSvalidation #smishing #smishingdetection #abhandshake  #fraudprevention #cybersecurity #fraudmanagement #fraudprotection #frauddetection #sms #SMSfraud #smssecurity

Continuing our focus on vishing, we offer a comprehensive and detailed guide: "What Is Vishing? Why It Harms the Telecom Industry and How to Stop It." Dmitry Sumin, Head of Products at AB Handshake, will guide you through understanding #vishing, its various types, objectives, victim profiles, affected countries, and AB Hanshake’s advanced #AI and #ML strategies for prevention. In the guide, you’ll also find real vishing case studies and statistics of great importance. Read the full guide here: https://lnkd.in/gEM_q2cS  Don’t forget, we’re always happy to receive and answer your questions in the comments! #abhandshake #antifraud #fraudprevention #fraudmanagement #fraudprotection #frauddetection #ai #callvalidation #realtimevalidation

🇭🇺 From 16-18 April, we will participate in the 38th GSC Forum in Budapest, Hungary. On April 16 at 12:10 PM, Sergey Okhrimenko, AB Handshake Corporation’s CTO, will present to forum participants on the topic: "Impersonation fraud and basic prevention techniques." Why not meet us in person? Reach out to us here or at contact@abhandshake.com to schedule your meeting. See you there! #abhandshake #antifraud #fraudprevention #fraudmanagement #fraudprotection #frauddetection #ai #callvalidation #realtimevalidation 

💬Nadejda Papernaia, CEO of AB Handshake, exclusively for VanillaPlus. In the article, you’ll discover: 🔸 The essentials of #vishing. 🔹 How fraudsters use dangerous vishing tactics. 🔸 Why databases fail to detect this fraud type. 🔹 Importantly, the strategies AB Handshake proposes to combat vishing in #realtime. Read the full article here: https://lnkd.in/gim9M-b6 #abhandshake #antifraud #fraudprevention #fraudmanagement #fraudprotection #frauddetection #ai #callstretching #callvalidation #realtimevalidation

💡#ABHKnowledgeHub Short stopping fraud, a subtype of IRSF fraud, involves scenarios where expensive destination calls are abruptly cut off and hijacked, redirecting them to auto-answering machines or call centers instead of their intended termination point. Charges are billed by other carriers in the routing flow to end customers. 🔸Threshold-based rules are ineffective in detecting short stopping when fraudsters hijack just a small portion of traffic. 🔹Test Call Generators (TCGs) are also mainly ineffective. Fraudsters can easily identify and bypass their limited phone number pools. We understand the risks that this fraud type poses on operators. Call Validation offers comprehensive short stopping prevention in real time. Enabling complete transparency and visibility of the original numbers used to initiate these calls, Call Validation provides unbiased evidence of the transit operators responsible for hijacking the call. This facilitates optimized routing decisions, such as disabling illegitimate interconnect partners. Learn more about the impacts of #shortstopping and our methods of prevention: https://lnkd.in/dacn7b5A #abhandshake #antifraud #fraudprevention #fraudmanagement #fraudprotection #frauddetection #ai #callstretching #callvalidation #realtimevalidation

🇹🇷 From 16-18 April, we invite you to meet Anna Potapova and Dmitry Sumin in person at GSMA WAS#19 in Istanbul, Turkey. We’re excited to discuss security measures related to business process updates and innovation implementation. Simply reach out to us here or at contact@abhandshake.com to schedule a meeting. Thanks to the GSMA for organizing. See you there! #abhandshake #antifraud #fraudprevention #fraudmanagement #fraudprotection #frauddetection #ai #callvalidation #realtimevalidation 

📲 AI’s ability to imitate human voices has become a major concern for security professionals. It’s easy for fraudsters to find examples of customer voices on social media, create deepfakes with them, and target contact centers. A recent CX Today article highlights the issue of deepfaked voices. Pindrop, an audio monitoring expert, outlines 4 main fraudster behavior patterns and suggests ways to combat them. Read the full article: https://lnkd.in/dU6uuyPy Deepfaked voices can bypass or mimic IVR authentication steps, allowing fraudsters to steal and alter sensitive information, such as passwords, home addresses, and bank account details. Pindrop recommends using a biometric check within the MFA process to verify whether a voice is live or synthesized. We suggest that protection is strengthened further. Solutions aimed at combating such sophisticated uses of AI should be innovative. You must remain one step ahead. 💡 AB Handshake has recently launched a new solution - Country Hub. It compares the data of both the originator and terminator, ensuring no alterations have occurred. Country Hub detects number spoofing, a technique often used in deepfake scams. Country Hub conducts all detection and protection measures at a national level, and provides transparent data for regulators and authorities. The system either accepts or rejects the call, relaying the decision to the originator. Therefore, this solution can become one of the effective components in the overall system for combating deepfakes. The Country Hub working method will prevent number spoofing to ensure that the deepfake does not reach the subscriber. To avoid missing out on innovative Country Hub’s launch, follow our updates. Additionally, complete this simple form to arrange a free consultation: https://lnkd.in/d54KXEUP #abhandshake #antifraud #fraudprevention #fraudmanagement #fraudprotection #frauddetection #ai #callvalidation #realtimevalidation #deepfakes #countryhub