What is IRSF? Stealth attacks lead to huge losses in APAC
Today, business often takes place in the digital realm. This shift to e-commerce has brought with it the need for fast, reliable digital identity verification.
Unfortunately, fraudsters have learned to game the system with sophisticated schemes designed to siphon money from unsuspecting companies.
International Revenue Share Fraud (IRSF) and OTP abuse/SMS flooding attacks target companies that generate a high volume of calls and text messages to their customers.
As IRSF increases in APAC, many businesses have no real solutions to combat or detect it.