Truecaller has been warning users about potential fraudulent phone calls for over a decade. We have been relying on community-driven feedback to tackle spam SMS. Now, with the rise in SMS fraud, we have also initiated ‘Fraud Protection’: an active effort that combines user feedback with our proprietary machine learning intelligence to effectively combat fraudulent messages and senders.
This is especially helpful for people who may not know how to spot fraud and mistakenly believe they are dealing with legitimate businesses. Currently available to all Android users, Fraud Protection intelligently recognizes fraudulent senders and messages. Our system also adapts to automatically discover new forms of fraud, even without user reports.
Unlike regular spam, frauds and scams are often malicious in nature. There are always new types of fraud around, especially in the name of legitimate businesses. This often leads to victims getting duped of hard earned money within a fraction of a second.
