KPN, T-Mobile and Vodafone will intensify their fight against online fraud with the introduction of Mobile Connect for digital service providers.
Mobile Connect consists of a number of number verification services and extra protection against account takeover. It ensures that customers of digital service providers, such as banks and webshops, can log in easily and securely and make transactions. Users with their mobile phone are also better protected against identity fraud.
As a result of, among other things, COVID-19, the average Dutch person has started shopping much more online, working from home and using social media, resulting in a significant increase in internet traffic. But cybercriminals are also responding to this trend and are working in an increasingly sophisticated and advanced manner. Online fraud in the Netherlands is increasing with an increasing social impact.
The Dutch telecom providers KPN, Vodafone and T-Mobile consider it important that consumers can continue to use the internet in a safe manner. Within the COIN Association, they work together to combat online fraud and cybercrime. These new mobile security services , based on the international Mobile Connect standard, are the result of this collaboration.
With the number verification services, banks and webshops, but also other digital service providers, can easily let users log in and verify their data. For example, it is possible to check the correctness of a user's data with the relevant telecom provider based on the mobile telephone number. Thanks to the extra protection against account takeover, it becomes clear when a new SIM card has recently been issued. This creates an extra security with which SIM-swap fraud can be effectively countered. In this form of fraud, criminals often transfer the telephone number to another SIM card by forging the identity of the user, without the user realizing this.
