VoIP Fraud- Phreaking Alive and Well
Posted in According to the UK Register, VoIP Phreaking is not only alive, but thriving.
Telecoms fraud is a well known, if under-reported problem, that pre-dates the internet by years. It is a multimillion-dollar business, with estimates of direct damages resulting from fraud varying from $35bn to $40bn a year.
This fraud comes in many guises of which the growing trade in VoIP phreaking is just one relatively small but growing component. Newsweek reports that uncovering the perpetrators of this illicit trade is extremely difficult, if not impossible.
Color me silly. I tended to equate phreaking with antiquated ideas like blue boxing, John Draper, and whistle tones at 2600 mHZ….given the inevitable rise of VoIP- this will be a plague.
2600 blue boxing illicit trade john draper multimillion dollar business phreaking telecoms fraud voip VoIP phreaking
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