-IRSF is a type of telephony fraud where criminals exploit the billing system of telecommunication services providers to make profit for themselves. Bad actors gain unauthorized access to a telecommunication network and divert traffic to those networks to skim profit for every transaction that is sent to that network. To divert traffic, bad actors steal existing usernames and passwords, create new usernames and passwords, or try a host of other things to send SMS messages and voice calls through their telecommunication network. Bad actors do this by taking advantage of multifactor authentication screens, which require an SMS or voice call before a user can access their account. This activity causes exorbitant charges and makes services unreliable for our customers, causing downtime, and system errors.
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