In recent years, fraudulent messages and senders have become increasingly common, and it is becoming more difficult for users to identify them. To combat this issue, Truecaller, a popular caller ID and spam-blocking app, has launched a new AI-driven fraud protection tool to assist users with identifying and preventing SMS fraud.
What is Truecaller’s Fraud Protection Tool?
Truecaller’s new fraud protection tool uses user feedback and machine learning to combat fraudulent messages and senders. When a user receives a fraudulent message, the tool displays a red alert notification on the screen. The notification will remain visible until it is manually dismissed by the user. The tool is currently available for all Android users in India and is expected to be made available to iPhone users as well.
Why is Truecaller’s Fraud Protection Tool Important?
According to Truecaller, over the past three months, over 100 million of its users have received at least one fraudulent SMS. The fraud messages range from power bill payments to job offers, KYC-related messages, charity solicitations, and more. The Fraud Protection tool is especially useful for individuals who find it difficult to recognize fraud and may mistakenly believe they are dealing with legitimate organizations.
How Does the Truecaller Fraud Protection Tool Work?
Truecaller’s fraud protection tool uses AI-powered tools to assist users in alerting them to potential fraudulent numbers. It is capable of intelligently identifying fraudulent senders and messages, and can even detect new forms of fraud automatically, even in the absence of user reports.
When a user receives a fraudulent message, Truecaller displays a red notification instructing users not to act on the message. The warning will remain on the screen until it is manually dismissed by the user. The tool automatically disables all SMS-linked links to protect users from malicious links, even if the user ignores the warning and opens the fraudulent SMS. If the SMS is genuine, users can manually mark the source as safe to access all the links attached to the SMS.
Conclusion
With the rise of fraudulent messages and senders, it is becoming increasingly important for users to be able to identify and prevent SMS fraud. Truecaller’s new AI-driven fraud protection tool provides users with a reliable and effective way to combat fraudulent messages and senders. By using user feedback and machine learning, the tool can intelligently identify and prevent fraud, providing users with peace of mind and protecting them from potential financial and personal information risks.
