Fraud detection

‘Hey mum, I dropped my phone down the toilet’: Investigating Hi Mum and Dad SMS Scams in the UK

‘Hey mum, I dropped my phone down the toilet’: Investigating Hi Mum and Dad SMS Scams in the UK

An empirical study of the 'hi mum and dad' SMS scam, a new interaction-based fraud technique. The research dissects the scam's lifecycle, from initial contact to financial exploitation, by analyzing scam messages, mobile network data, and mule accounts in collaboration with a UK mobile operator. Key findings reveal the psychological principles used, the abuse of mobile and financial infrastructure, and the underlying structure of scammer networks.

Fraud Detection with AI: Ensemble of AI Models Improve Precision & Speed

Fraud Detection with AI: Ensemble of AI Models Improve Precision & Speed

A detailed look at a multi-model AI architecture for fraud detection that combines the speed of predictive machine learning for structured data with the contextual understanding of encoder LLMs for unstructured data, enabling faster and more accurate real-time decisions.