Australia has announced telco regulations that prevent fraudsters from hijacking mobile numbers to access personal and financial information, and reduce phone scams, reports ZDNet. “Under the new industry-wide measures, telcos will be required to introduce two-factor authentication, such as inputting a code on a website or responding to a text message, before mobile numbers can be transferred from one provider to another. Pre-port verification measures are already being used by many Australian telcos, including the major players Telstra, Optus, and Vodafone.
Read more here.