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Report – Almost half of US cellphone calls will be scams by next year

Cision Newswire: “First Orion, a leading provider of phone call and data transparency solutions, today announced their inaugural 2018 Scam Call Trends and Projections Report, detailing the need for new, adaptive technologies to combat the exponential increase in scam calls. First Orion powers call protection solutions to tens of millions of mobile subscribers in the U.S. market and has carefully analyzed over 50 billion calls made to these customers over the past 18 months. By combining specific call patterns and behaviors with other phone number attributes, First Orion now predicts that nearly half of all calls to mobile phones will be fraudulent in 2019 unless the industry adopts and implements more effective call protection solutions.  To combat this rapidly growing epidemic, First Orion will fully deploy its groundbreaking, in-network technology known as CallPrinting™—which quickly and accurately identifies new scam techniques and thwarts fraudulent calls—into a Tier-One U.S. carrier’s network this fall where the company projects it will significantly mitigate the volume of scam traffic beginning in the 4th quarter of 2018. Over the past year, First Orion’s data shows a drastic increase in mobile scam calls—from 3.7% of total calls in 2017 to 29.2% in 2018—and that number is projected to reach 44.6% by early 2019…”

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