Red Letter Day in Saudi for MCP Fraud Team!!

A record day in Saudi Arabia yesterday – MCP’s fraud investigations team were kept busy tracking a total of 14 fraud attacks, affecting 14 different services. The spate of payment fraud was triggered from one malicious APK on the Mobily network.

The app, Swing Wallpaper, with a 2.4 rating on the Play Store and over 100,000+ downloads – is a wallpaper app. Once the user downloads the app, it sleeps for a week or more, before swinging into life and generating the fraud. While MCP’s Shield anti-fraud system was not breached by the attack, the malicious APK did manage to get through two known anti-fraud systems – we are too polite to mention which…

MCP Insight is a UK based compliance and fraud monitoring company, specialising in mobile gateway traffic. Our clients include Mobile Operators, Regulators, Aggregators and Merchants. We’ve been providing solutions to the mobile payments industry across 30 territories for the past six years.

related posts

Strengthen Your DDRC for the Ofcom Era! 

Discover how the transition from PSA to Ofcom impacts the UK phone-paid services market. Learn about strengthened DDRC requirements and how to prepare for potentially enhanced compliance standards.
Black Friday: Tackling Misleading Advertising

With Black Friday fast approaching, mobile network operators need to stay vigilant against misleading advertising practices that can harm both customers and their DCB business.
Navigating the Global Carrier Billing Landscape

In an increasingly complex carrier billing landscape, payment aggregators face growing challenges in balancing compliance, supporting CSPs, and driving sustainable revenue. In this insightful interview, MCP Insight Director Kev Dawson shares his experience across the DCB value chain and offers practical advice for aggregators.
Load more...