4 ms·
$60M in fraudulent texts alone is wild. I couldn't imagine being the director responsible for those costs and not having investigated earlier.
by foobazgt 4y ago
$60M in fraudulent texts alone is wild. I couldn't imagine being the director responsible for those costs and not having investigated earlier.
- foobazgt 4y agoTo put this in context, you could have hired a 100 person org at that run rate... from fraudulent texts alone. How does that go unchecked? Mind blown.
- aaomidi 4y agoI’m here looking for 2-3 MUSD a year to start a new CA meanwhile Twitter here burning 60 M over text messages.
- qup 4y agoHow often do you contrast your personal finances to that of the biggest companies on the planet?
- aaomidi 4y agoQuite often in fact with relation to starting a CA. More companies should start CAs. It’s a good thing to help the webtrust ecosystem.
- MasterScrat 4y agoWhat's a CA?
- aaomidi 4y agoCertificate Authority
- deleted 4y ago[deleted]
- oxfordmale 4y agoI am not sure if believe the $60 million. The truth might be that banning 360 Telcos saved Twitter $60 million, however, that doesn't mean 100% of these costs are fraud. Those 360 Telcos are likely in emerging markets that have far more potential to grow than the USA market. If you ban 2FA SMS you will also limit your growth in those markets.
- Scoundreller 4y agoAnd possibly limit the growth of mobile devices in those markets. They’re probably cross-subsidizing discounted fees with all that western int’l SMS revenue (one can dream anyway).