{"id":3628,"date":"2024-07-10T10:37:55","date_gmt":"2024-07-10T10:37:55","guid":{"rendered":"https:\/\/sinchimportfinal.local\/?page_id=3628"},"modified":"2025-01-09T12:43:26","modified_gmt":"2025-01-09T12:43:26","slug":"resources-fraud-in-business-messaging","status":"publish","type":"resources","link":"https:\/\/sinch.com\/resources\/resources-fraud-in-business-messaging\/","title":{"rendered":"Fraud in Business Messaging"},"content":{"rendered":"\r\n
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It’s time to stop SIM farm fraud<\/h1>\r\n\r\n

Have you heard of SIM farms? Your business might be using one for messaging – without you even realizing it.<\/p>

These illegal channels for SMS are exposing businesses and European consumers to GDPR breaches. <\/p><\/div>\r\n \r\n \r\n

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\r\n Talk to an expert<\/a>\r\n <\/div>\r\n <\/div>\r\n \r\n <\/div>\r\n\r\n \r\n
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Learn more about SIM farms and smishing<\/h2>\r\n\r\n \r\n \r\n \r\n \r\n \r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n
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\r\n Weighing up the risks of SIM farms <\/h3>\r\n
\r\n Companies using SIM farms in their SMS value chains \u2014 whether knowingly or unknowingly \u2014 may face unexpected consequences. Consumer data in the wrong hands, legal issues\u2026 the list goes on.\u00a0\u00a0
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\r\nTake a look at our factsheet and weigh up the risks your company may face.\u00a0\u00a0 <\/div>\r\n <\/div>\r\n
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\r\n The SIM farm threat is bigger than you think <\/h3>\r\n
\r\n Using a proprietary SMS tool, Sinch monitored the traffic of mobile operators and global tech brands in 16 EU countries. We uncovered some hair-raising insights on messages that were diverted onto SIM farms. \u00a0 <\/div>\r\n <\/div>\r\n
\r\n \r\n Find out more <\/span>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n <\/a>\r\n \r\n <\/div>\r\n
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\r\n Infographic: How SIM farms threaten consumers\u00a0 <\/h3>\r\n
\r\n Get this: One-third of all business SMS globally, and 19% in the EU, are not sent to consumers in the way mobile operators intended.
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\r\nCheck this infographic to see how SIM farms threaten European consumers, delivery chains, and businesses.\u00a0 <\/div>\r\n <\/div>\r\n
\r\n \r\n Download <\/span>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n <\/a>\r\n \r\n <\/div>\r\n
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\r\n Mirror mirror on the wall, who\u2019s the baddest smisher of them all? <\/h3>\r\n
\r\n Sinch has a new cautionary tale to tell to further raise awareness on SIM farms and how collectively we can address the mess they cause.\u00a0
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\r\nWe\u2019re not asking you to kiss the frog, but we\u2019re asking companies to be more vigilant to avoid the villains in the piece.\u00a0 <\/div>\r\n <\/div>\r\n
\r\n \r\n Find out more <\/span>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n <\/a>\r\n \r\n <\/div>\r\n
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\r\n Going beyond compliance <\/h3>\r\n
\r\n Being a global tech champion comes with a great deal of responsibility, and we believe going beyond what\u2019s expected should be one of them.\u00a0 \u00a0
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\r\nFind out how we advocate for best practices in business SMS to build a better future for the industry.\u00a0 <\/div>\r\n <\/div>\r\n
\r\n \r\n Read now <\/span>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n <\/a>\r\n \r\n <\/div>\r\n
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\r\n What it takes to be an industry champion \u2014 and how Sinch became one <\/h3>\r\n
\r\n Wondering what sets leaders apart in the business SMS industry? Well, a big part of it is their approach to data protection.\u00a0\u00a0
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\r\nCheck out this infographic to find out how we’re paving the way for a gold standard of business SMS. <\/div>\r\n <\/div>\r\n
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How SIM farms threaten consumers<\/h2>\r\n\r\n \r\n \r\n \r\n \r\n \r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n
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\r\n Smishing and SMS fraud are on the rise <\/h3>\r\n
\r\n Have you ever received a text message with a suspicious link?\u00a0
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\r\nThe answer is probably yes, and the problem is increasing. The last couple of years have seen a huge rise in smishing… <\/div>\r\n <\/div>\r\n
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\r\n Impact of smishing on consumers <\/h3>\r\n
\r\n Good practice always protects consumers. When bad practice is involved, they\u2019re at risk. By using SIM farms, companies let bad actors harvest consumer data.
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\r\nFor many, emotional harm comes on top of the financial loss… <\/div>\r\n <\/div>\r\n
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\r\n \u20ac600M <\/h3>\r\n
\r\n The yearly cost of SMS fraud for European consumers. <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n <\/div>\r\n \r\n
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\r\n 69% <\/h3>\r\n
\r\n Increase in smishing attacks globally in 2021.\u00a0 <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n <\/div>\r\n \r\n
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\r\n 24% <\/h3>\r\n
\r\n Increase in smishing attacks in the U.S. in 2021.\u00a0 <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n <\/div>\r\n \r\n
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\r\n 667% <\/h3>\r\n
\r\n Increase in smishing in the first month of the COVID-19 pandemic.\u00a0\u00a0 <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n <\/div>\r\n <\/div>\r\n\n\r\n <\/div>\r\n \r\n \r\n <\/div>\r\n\r\n <\/div>\r\n <\/section>\r\n\r\n\n\n\r\n
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How SIM farms threaten business<\/h2>\r\n\r\n \r\n \r\n \r\n \r\n \r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n
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\r\n SIM farms hurt your business – and the economy <\/h3>\r\n
\r\n Business SMS has become an essential part of our everyday lives. You may not be overly aware of it, but living in Europe, in an average month, you are likely to receive… <\/div>\r\n <\/div>\r\n
\r\n \r\n Read now <\/span>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n <\/a>\r\n \r\n <\/div>\r\n <\/div>\r\n\n\r\n <\/div>\r\n \r\n <\/div>\r\n\r\n <\/div>\r\n <\/section>\r\n\r\n\n\n\r\n
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\r\n \u20ac20.3B <\/h3>\r\n
\r\n The yearly amount spent by companies on SMS globally. <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n <\/div>\r\n \r\n
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\r\n \u20ac1.6B <\/h3>\r\n
\r\n The yearly amount spent by European companies on SMS. <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n <\/div>\r\n \r\n
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\r\n 1\/3 <\/h3>\r\n
\r\n Of all business SMS globally are sent via unauthorized routes.\u00a0 <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n <\/div>\r\n \r\n
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\r\n \u20ac300M <\/h3>\r\n
\r\n The yearly cost of unauthorized SMS for mobile operators.\u00a0 <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n <\/div>\r\n <\/div>\r\n\n\r\n <\/div>\r\n \r\n \r\n <\/div>\r\n\r\n <\/div>\r\n <\/section>\r\n\r\n\n\n
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More about data privacy<\/h2>\r\n \r\n <\/div>\r\n
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