Telcos plot to fight $9m SMS scam ‘scourge’

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Telcos plot to fight $9m SMS scam ‘scourge’
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Telcos have lined up behind a new code to better protect consumers from text message scams that have stolen more than $9.1 million so far this year.

and machine-learning process that aim to differentiate genuine humans and organisations from scammers.“The new code sets out a framework for industry to work with each other and relevant government agencies to identify and reduce scam calls and scam SMS.”

“There is no silver bullet to stop scams, but we know enforceable laws can have a significant impact and every blocked scam is a win for consumers. The harder we make it for scammers, the less Australians are likely to be targeted,” she said. Telstra referred to a blog post from chief information security officer Narelle Devine, which showed the company was blocking 61 million scam texts per month.

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