Hayo pitches tighter SIM control as swap scams spread

SIM swap scams are getting out of hand, but a tech firm claims it has a fix. Hayo has upgraded its National Mobile Registry platform to help governments and mobile operators fight fraud. The enhanced system targets SIM swap attacks and the use of stolen devices on networks. These issues reportedly cost governments significant lost revenue from grey market imports and tax leakage.

The platform offers real-time monitoring to detect suspicious SIM activity instantly. It integrates with international device databases and national blacklists to identify counterfeit phones. The system is designed for full automation and can be customized to meet specific national regulations. Hayo works with police, customs, and regulators to adapt the tools.

Company executives stated the upgrade provides governments with complete visibility over their mobile ecosystems. This intelligence-led approach aims to secure networks and protect citizens from evolving fraud techniques. The platform also seeks to strengthen digital identity protection across economies. The solution builds on a previous version launched to improve regulatory compliance and secure digital tax income.
 

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