Written by Juniper Research
A new study from Juniper Research, the foremost experts in mobile roaming markets, has found losses from global roaming fraud are anticipated to exceed $8 billion by 2028; driven by the increase in bilateral roaming agreements for data-intensive use cases over 5G networks.
In turn, it predicts fraudulent data traffic will account for 80% of global operator roaming-based losses by 2024.
As 2G and 3G networks are sunsetting, operators are accelerating the transition to 5G and VoLTE roaming services to leverage the high levels of virtualisation and lower operational costs. However, the highly virtualised nature of 5G networks is creating more opportunities for fraudsters to deploy their attacks; leaving operator networks open to emerging fraud tactics over 5G networks.