logo
Global telecom regulators' collaboration needed to address mobile spam, scams: GSMA

Global telecom regulators' collaboration needed to address mobile spam, scams: GSMA

Time of Indiaa day ago
NEW DELHI:
Telecom regulators
globally need to collaborate to address the growing challenges of
mobile spam
and scams, which are negatively affecting subscriber experience and causing financial losses, according to
GSMA
.
'A lot of this scam happens across borders because domestic regulators can't act outside the border. But scammers use multiple, and sometimes different channels, to alter the conversation or scam flow. So they are changing jurisdictions, policies, and the regulations which govern them,' Julian Gorman, head of Asia Pacific (APAC), GSMA, told ETTelecom at a virtual media briefing Monday.
'We also need to step up our game, and collaborate across different platforms, and the participants must ensure that stakeholders come together to address this challenge,' Gorman added. 'What's happening in India (in regulations) is providing a useful reference point around the world.'
Lately,
telecom carriers
globally, including India, have begun using artificial intelligence (AI) and machine learning (ML)-driven solutions to identify and combat pesky messages and calls, in a bid to improve mobile user experience. However, scam and
spam communications
have gradually moved to OTT communication service platforms, where regulations are not as stringent, telcos allege.
According to GSMA, to combat scam, telcos are adopting innovative strategies, including aligning with the GSMA Open Gateway initiative with standardised APIs that leverage AI to detect and block scams, and enable new AI-powered tools such as SIM Swap, Device Location Verification, and others.
The London-based telco industry association estimates the size of the global scam economy to be $1 trillion, of which the APAC region has a nearly $700 million share.
While GSMA did not divulge specific data for the Indian market, third-party research estimates show that nearly half of the messages received by about 1.10 billion subscribers are spam.
'This (APAC) forms a significant portion. It's important that we act nationally, collectively, and across borders to share information so that we can combat scam scale together,' Gorman said during the media briefing.
The top executive said that it is the collective responsibility of telecom carriers and OTT communication service platforms to keep the digital platforms safe. 'We must embrace the responsibility to keep our digital world safe and secure and protect the vulnerable. We should make sure that we have a fully inclusive digital world,' he said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Donald Trump warns India of 25% tariffs if trade deal not reached
Donald Trump warns India of 25% tariffs if trade deal not reached

Indian Express

time10 minutes ago

  • Indian Express

Donald Trump warns India of 25% tariffs if trade deal not reached

US President Donald Trump on Tuesday said that Indian imports could face tariffs as high as 25% if the two countries are unable to finalise a trade agreement soon. 'They are going to pay 25%,' Trump told reporters, according to CNN. When asked whether India would be charged tariffs between 20% and 25%, Trump replied, 'Yeah, I think so. India has been; they're my friends.' The United States and India have been discussing a trade deal for months, but no final agreement has been reached. Trump has been pressing for greater access for American goods to the Indian market. He has often made similar demands in other trade negotiations. US Trade Representative Jamieson Greer said further talks would be needed to move things forward. 'They have expressed strong interest in opening portions of their market,' Greer said in an interview with CNBC on Monday, as reported by CNN. 'We, of course, are willing to continue talking to them. But I think we need some more negotiations on that with our Indian friends to see how ambitious they want to be.' This is a developing story

India braces for higher US tariffs, eyes broader trade deal: Report
India braces for higher US tariffs, eyes broader trade deal: Report

Business Standard

time10 minutes ago

  • Business Standard

India braces for higher US tariffs, eyes broader trade deal: Report

India is preparing to face higher US tariffs likely between 20 per cent and 25 per cent on some of its exports as a temporary measure, as it holds off on fresh trade concessions ahead of Washington's August 1 deadline, two Indian government sources said. Instead, New Delhi plans to resume broader trade negotiations when a US delegation visits in mid-August, with the goal of finalising a comprehensive bilateral agreement by September or October, one of the Indian officials told Reuters. "Talks are progressing well, and a delegation is expected in Delhi by mid-August, one of the Indian government officials said, adding that President Donald Trump could issue a tariff letter imposing duties of 20 or 25 per cent in a "worst-case scenario". "However, we assume it would be a temporary measure, considering the five rounds of trade talks that have taken place. A deal will soon be worked out, the official said. US Trade Representative Jamieson Greer told CNBC on Monday that talks with India required more negotiations as Trump was more interested in good deals than quick deals. India has shown "strong interest in opening portions of its market" though its trade policy had long focussed on protecting domestic interests, Greer said. Piyush Goyal, India's trade minister, told Reuters last week India is making "fantastic" progress in US trade talks. Indian officials said New Delhi has offered tariff cuts on a wide range of goods and is working to ease non-tariff barriers. However, agriculture and dairy remain no-go areas, with India unwilling to allow imports of genetically modified soybean or corn, or to open its dairy sector. Total bilateral goods trade reached about $129 billion in 2024, with India posting a trade surplus of nearly $46 billion. India is holding back on fresh offers while calibrating its strategy amid broader US tariff threats targeting BRICS nations, including India, over issues such as de-dollarisation and purchases of Russian oil, said another official. "We remain hopeful of securing a deal that gives Indian exporters preferential access compared to our peers," the official said. Officials spoke on condition of anonymity as they were not authorised to speak to media. India's commerce ministry and the US Trade Representative's Office did not immediately respond to emailed requests for comments. "We need more negotiations with our Indian friends to see how ambitious they want to be," Greer said. Analysts said, without a deal, Indian exports could face average US tariffs of around 26 per cent, higher than those faced by Vietnam, Indonesia, Japan or the European Union.

Palo Alto Networks in talks to acquire CyberArk in $20 Billion deal: Report
Palo Alto Networks in talks to acquire CyberArk in $20 Billion deal: Report

Mint

time10 minutes ago

  • Mint

Palo Alto Networks in talks to acquire CyberArk in $20 Billion deal: Report

Palo Alto Networks is in talks to acquire CyberArk Software in a deal that could value the Israeli cybersecurity firm at more than $20 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares in CyberArk rose about 13%, while Palo Alto Networks' stock fell roughly 2%. The Santa Clara, California-based company could finalize a deal for CyberArk as soon as later this week, the report said. CyberArk declined to comment on the report when contacted by Reuters. Palo Alto did not immediately respond. Cybersecurity deal activity has been robust in recent years as large corporations have increased spending on security tools. Google-parent Alphabet said in March it would buy Israeli cybersecurity startup Wiz for about $32 billion. Rising competition among all-in-one cybersecurity platforms has reshaped the industry, making several companies attractive takeover targets for larger rivals and private equity firms. As of Monday's close, CyberArk had a market capitalization of $19.3 billion, according to data compiled by LSEG.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store