ComReg says an estimated €115m is lost each year as a result of scam text messages, and €187m due to scam calls
Breaking down the numbers, it said about €115 million was lost as a result of scam text messages and €187 million due to scam calls.
Steps that might be taken to limit the impact of these scams could see telecoms operators implement technical interventions and more rigorous call blocking systems to stop fraudsters abroad spoofing Irish numbers to make scam voice calls. Advanced voice firewalls to block spam calls wherever they originate and enhanced scam filters designed to block scam SMS messages and protect against future, more sophisticated scams could also be introduced.
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