SINGAPORE, June 28, 2022 /PRNewswire/ —
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With the aim of restoring trust in phone calls, and in a move that aligns with Infocomm Media Development Authority (IMDA) initiatives to combat scams, Toku has joined the AB Handshake community, which will help to eliminate 100% of call frauds and safeguard people from scams for telco service providers that have also joined this community.
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A new survey of 1,000 consumers in Singapore by Toku revealed that 87% have received a scam call, of which 86% have answered said call. 10% of consumers surveyed have fallen prey to scams and suffered monetary loss.
Toku, Asia Pacific’s dedicated cloud communications and Singapore-licenced telecom service provider, today announces that it is the first telco-service provider in Singapore, and Southeast Asia, to join the global AB Handshake Community. Toku is currently the leading provider of virtual numbers in Singapore, providing 60% coverage of all virtual numbers in the country.
The Infocomm Media Development Authority (IMDA) welcomes Toku’s move to join the AB Handshake Community, which is an effort made by Toku to proactively fight against fraudulent calls. It represents a timely intervention within the Singapore telco space. According to the Singapore Police Force, victims lost at least S$633.3 million to scams in 2021. Many of these scams relied on voice calls to dupe victims, such as banking-related phishing scams, fake friend call scams and…
