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Close to 90% of people have never heard of ‘robocalls’

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Survey on robocalls conducted in response to the rapid global expansion of risks, such as fake phone calls during the US presidential election

PLANO, Texas, Oct. 30, 2024 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world’s largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks has conducted a survey on robocalls (automated voice calls) in Japan.

Machine-generated robocalls, also known as automated voice calls, often utilizing AI technology. While these calls can enhance operational efficiencies and reduce manpower requirements, they are frequently misused for fraudulent activities, such as obtaining personal information or conducting scams.

Earlier this Spring, robocalls mimicking President Biden’s voice using generative AI technology were used to dissuade voters from participating in the New Hampshire electoral primary ahead of the November 5th presidential election. Globally, robocalls have become a significant social issue. In Japan there has been a sharp increase in fraudulent robocalls, including scams involving false claims of unpaid fees.

Key survey findings include:

Awareness Gap: Approximately 90% of respondents had never heard of robocalls. However, among those who were aware, approximately 85% recognized their use in fraudulent activities around the world.Suspicious Calls: One in five respondents reported receiving suspicious robocalls soliciting personal information or suspected of being scams, suggesting that despite limited public awareness, fraudulent robocalls are currently being made in Japan.Impact on Daily Life: Over 90% of those who received suspicious robocalls felt uncomfortable answering their phones, indicating that the impact of suspicious robocalls extends into everyday life.Limited countermeasures: 70% of respondents believe that individuals only have limited options in fighting against unwanted calls.As generative AI continues to evolve, the potential for damage caused by abusive robocalls is likely to increase. This underscores the need for companies and telecom providers to deploy robust tools to combat the misuse of robocalls are abused.

Comments by Yoshikazu Kuwabara, Senior Manager, Systems Engineering Department, Ribbon Communications
Robocalls have been increasing around the world over the past few years, and while not all robocalls are malicious, thery are contributing to a growing loss of trust in telephony. More and more, people refuse to answer calls from unknown numbers, blocked numbers, or avoid answering the phone altogether.

As robocalls are not a daily occurrence in Japan at present, many people are unaware of them. However, as 42% of respondents have experienced robocalls (automated voice calls), indicating that robocalls do exist in Japan and could become more common in the future. In the USA, where robocalls have become a major issue, call verification (STIR/SHAKEN) has already been mandated by the FCC and Congress.

In this context, Ribbon Communications offers Ribbon Call Trust as a solution for assuring the identity of callers (Identity Assurance Solution). It provides caller Reputation scoring, robocall and fraudulent call detection with anomaly analysis, STIR/SHAKEN services (Caller ID authentication, signing and verification), blocklisting, encryption, CAC, policy routing and CVT (Call Validation Treatment). functions, contributing to the creation of a safe and secure telephony environment.

Survey Summary

90% of people have never heard of ‘robocalls’!Of those who know about robocalls, about 85% know of cases where they have been used fraudulently.Around 42% of respondents have experienced robocalls!One in five people have experienced a suspicious robocall!Approximately 94% of those who experienced a suspicious robocall had negative feelings about the call they subsequently received.When a call comes in from an unknown number, the countermeasure taken by around 70% of people is: ‘I don’t answer unknown numbers’.About 71% of respondents feel that there are limited measures that individuals can take against unwanted phone calls!

Survey Overview

 Survey Method             

:Internet

Research Organization

:JustSystems Corporation

Study Period                 

:22 to 24 of July 2024

Survey Area                   

:Japan

Subject of a Survey       

:Men and women aged 20~65 years

Number of People           

:330

Almost 90% of people have never heard of ‘robocalls’!
When asked if they had heard of robocalls, close to 90% of respondents said they had not heard of them or did not know about them. Although robocalls are a problem worldwide, they are still not well recognised in Japan. (n=330)

About 85% of those who know about robocalls are aware of cases where they have been used fraudulently.
Approximately 85% of those who are aware of Robocalls, know that they are being used fraudulently around the globe, including for various scams. Those who were aware of robocalls were also aware of a high percentage of cases of abuse. (n=39)

Around 42% of respondents have experienced robocalls!
When asked if they had received robocalls to their mobile or landline, around 42% said they had.(n=330)

The survey also found that more than half of those aged 50-65 years had been targeted by robocalls.

One in five people have experienced a suspicious robocall!
Of those who said they had experienced robocalls, around 46% said they had experienced suspicious robocalls that attempted to ask for personal information or were suspected of being a scam. These results show that one in five people have experienced a suspicious robocall. (n=138)

In terms of age, the most frequent experience of suspicious robocalls was in the 30s, at around 70%, followed by those in their 50s at around 50%.

Approximately 94% of those who experienced a suspicious robocall had negative feelings about the call they subsequently received
Of those who had experienced a suspicious robocall, around 94% said that they felt uncomfortable or did not pick up the subsequent call because they felt uncomfortable. This suggests that abusive and suspicious robocalls are having an impact on daily life. (n=63)

When a call comes in from an unknown number, the countermeasure taken by around 70% of people is: ‘I don’t answer unknown numbers’.
When asked what they do when they receive a call from an unknown number, the most common response was that they do not answer unknown numbers, at around 70%. A certain number of people do not take any countermeasures, with around 20% of respondents saying they have not thought about it. (Multiple answers) (n=325)

About 71% of respondents feel that there are limited measures that individuals can take against unwanted phone calls!
Around 71% of respondents felt that there are limited measures that individuals can take against unwanted calls, indicating that most people feel that this is a challenge. (n=325)About Ribbon Call Trust®
Ribbon Call Trust is an Identity Assurance Solution (Identity Assurance Solution) designed to guarantee the  identity of the caller. To prevent excessive robocalls and fraudulent calls, it is important to understand the caller’s intentions and reputation. To this end, it provides Reputation Score, robocall and fraudulent call detection through anomaly analysis, STIR/SHAKEN services (Caller ID authentication, signature and verification), blocking, encryption, CAC, policy routing and CVT (Call Validation Treatment), Ribbon Call Trust is widely used by telecom operators, mainly in the US and Canada, but also in France and other countries where STIR/SHAKEN is mandatory.

Providing a comprehensive Robocall Reputation Score in real-time using ML (Machine Learning) from multiple data sources, including external fraud information databases, telecom operators’ own databases and statistics from analytics, to enable telecom This enables operators to perform appropriate CVT (Call Validation Treatment), such as announcement connection, activation of CAPTCHA authentication and call disconnection, for calls deemed to have a high potential for robocalls or fraud.

Ribbon Call Trust® website
https://learn.rbbn.com/jp/identity-assurance

About Ribbon
Ribbon Communications (Nasdaq: RBBN) delivers communications software, IP and optical networking solutions to service providers, enterprises and critical infrastructure sectors globally. We engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today’s smart, always-on and data-hungry world. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge software-centric solutions, cloud-native offers, leading-edge security and analytics tools, along with IP and optical networking solutions for 5G. We maintain a keen focus on our commitments to Environmental, Social and Governance (ESG) matters, offering an annual Sustainability Report to our stakeholders. To learn more about Ribbon, please visit rbbn.com.

Japanese website https://learn.rbbn.com/jp

Important Information Regarding Forward-Looking Statements 
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication’s products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the “Risk Factors” section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Media Contact
Ribbon Communications Public Relations Office(Within Kyodo Public Relations Co.)
Kanno, Otsuka、Kikuchi
TEL: 03-6260-4856 E-mail: ribbon-pr@kyodo-pr.co.jp

Logo – https://mma.prnewswire.com/media/633020/Ribbon_Logo.jpg

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SOURCE Ribbon Communications Inc.

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2024 Financial Oscars: Waton Securities International Honored as “Outstanding Digital Empowerment Institution” of the Year

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SHENZHEN, China, Dec. 25, 2024 /PRNewswire/ — In early December, at the 18th Huaxia Institutional Investor Annual Conference of 2024, the 18th Golden Cicada Awards were announced. Waton Securities International was awarded the “Outstanding Digital Empowerment Financial Institution of 2024” for its significant achievements in securities brokerage and fin-tech sector.

The selection for the “Outstanding Digital Empowerment Financial Institution” focused on evaluating companies based on financial performance, market competitiveness, customer recognition, digital strategy planning and implementation, digital transformation outcomes, and risk control capabilities. Particularly, it highlighted cases that have made significant strides in digital empowerment.

The evaluation also emphasized the outstanding performance of financial institutions in their own digital transformation and the sound risk control abilities demonstrated during this process, ensuring that while pursuing innovation, companies can effectively manage and control risks. Waton Securities International distinguished itself among the contenders with its sophisticated technology platform, well-defined digital strategy, substantial transformation achievements, and commendable risk control mechanisms.

Established in Hong Kong in 1989, Waton Securities International has steadily grown with a deep understanding of professional financial services and regulatory compliance. It has obtained licenses 1/4/5/9 from the Hong Kong Securities and Futures Commission, becoming a fully licensed brokerage with comprehensive financial service qualifications. Through continuous technological innovation and digital transformation, it has successfully built a one-stop brokerage cloud service platform, promoting advanced digital financial technology globally. Its pioneering SaaS product, “Broker Cloud”, allows corporate clients to independently deploy and operate high-performance digital customer information management and trading systems without their own IT teams. The solution is relatively low-cost and adaptive to industry, which is the core competitiveness of Waton Securities International.

Data reveals that of the 1,100 securities firms in Hong Kong, approximately 600 are actively trading, yet fewer than 50 have developed their own mobile applications. On a global scale, among the 30,000 securities companies, only a handful—less than 300—feature brokerage trading Apps in App stores. This underscores a significant market demand for the digital enhancement of the securities sector.

With the swift growth of technologies like generative AI LLMs, blockchain, big data, and cloud computing, the securities industry can use these tools to streamline trading strategies, assess risks more accurately, and forecast market trends. These technologies also help the industry to move towards more integrated, platform-focused, and digital operations. The main goal of technology in finance is to increase the efficiency of financial institutions. A good starting point for applying technology is to focus on financial services and build a solid technical foundation for these institutions.

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SOURCE Waton Securities

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Mega Matrix Announced that the English Version of “Getting Even: The Secret Prodigy’s Playbook” Now Streaming on FlexTV

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SINGAPORE, Dec. 25, 2024 /PRNewswire/ — The highly anticipated English adaptation of the revenge rebirth series, Getting Even: The Secret Prodigy’s Playbook, officially premiered on December 19th on FlexTV, the world-leading short drama streaming platform operated by Mega Matrix Inc. (NYSE American: MPU). The series delves into the intricacies of power struggles within the White family, chronicling the protagonist’s journey of rebirth and empowerment to rewrite her destiny.

Audrey White, the legitimate daughter of the White family, was sent abroad at a young age due to family circumstances, gradually estranging her from her kin. When she finally returns home, eager to reunite with her family, she unexpectedly becomes the target of jealousy from Ruby White, the family’s adopted daughter. Harboring deep resentment, Ruby orchestrates a kidnapping plot, culminating in a devastating fire designed to test the loyalty and affection of the White family.

Left to perish in the flames, Audrey is abandoned by her family but heroically rescued by her uncle. Miraculously, she is granted a second chance at life, returning three years prior with the power to alter her fate. Determined to expose Ruby’s schemes, rebuild her family bonds, and claim her rightful respect and happiness, Audrey embarks on a journey of resilience and redemption.

FlexTV, operated by MPU, is a global leader in short drama streaming, delivering content in over 100 countries in multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Known for its premium-quality dramas and unparalleled user experience, FlexTV has captured the hearts of audiences worldwide. The English version of Getting Even: The Secret Prodigy’s Playbook, now streaming on FlexTV, offers a compelling exploration of familial power dynamics, the complexities of human nature, and the protagonist’s growth and self-redemption in adversity. For more exciting content, please visit https://www.flextv.cc/.

#WealthyFamily #Revenge #Rebirth #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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SOURCE Mega Matrix Corp.

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Xinjiang Kashgar distribution grid achieves “minute-level self-healing” for the first time

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KASHGAR, China, Dec. 25, 2024 /PRNewswire/ — On December 23, the State Grid Kashgar Power Supply Company successfully implemented the operation of accurate isolation of fault areas and rapid restoration of power supply in non-fault areas on the 10kV Zao Line and Zazhen Line, marking a major breakthrough in the fault handling of the Kashgar power grid and achieving “minute-level self-healing” for the first time.

In the past, when the 10 kV distribution line failed, the emergency repair personnel needed to patrol the site, judge the fault location, and then manually operate to restore the power supply in the non-fault area. The whole process took a long time. The construction and commissioning of the self-healing line has greatly shortened the time of fault search and isolation through network topological analysis, from “hourly level” to “minute level”, effectively reducing the power outage perception of users in non-fault sections. Since the beginning of this year, the State Grid Kashgar Power Supply Company has closely focused on the practical construction of distribution network automation, so as to achieve the goal of “non-stop power, less power failure, and fast power recovery” for users, and continued to promote the automation construction of the distribution network. A total of 3,200 “three remote” terminal access and debugging have been completed, achieving a terminal access rate of 98.28%, and the online rate has been steadily increased to 95.8%. Combined with the maintenance plan, mode adjustment, accident remote control disposal operation 825 times, and the remote control success rate is 90.68%.

In the next step, the State Grid Kashgar Power Supply Company will summarize the experience of the construction of feeder automation, steadily improve the effective coverage of feeder automation, and make every effort to promote the construction of power distribution automation, aiming to comprehensively improve the intelligence level of the Kashgar distribution grid and provide more reliable and efficient power services for local residents.

 

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SOURCE State Grid Kashgar Power Supply Company

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