The Federal Government has warned that the telecommunications regulator ACMA is actively undertaking compliance checks to ensure mobile providers are complying with new measures and standards designed to protect Australians from fraud and identity theft, including mobile porting scams.
A new standard to mandate stronger identity verification processes before mobile numbers can be ported is being introduced in Australia as the Australian Communications and Media Authority (ACMA) steps up its fight against mobile number fraud.
The use of unique mobile identifier services, which provide identity verification through SIMs, will generate over $7 billion globally for mobile operators in 2024 – up from an expected $859 million in 2019, a growth of over 800%, according to a newly published analyst report.
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