Latest / Cloud Security Podcast
Understanding a $10B Fraud Vector in Cloud-Native Workflows
A $10 billion fraud vector is currently exploiting a common feature in many cloud-native applications: the SMS verification flow. This isn't a traditional breach. Instead of stealing data, adversaries use bots to trigger costs that are quietly absorbed into your company's operational budget, often showing up as an inflated cell phone or marketing bill.
We spoke to Frank Teruel, COO at Arkose Labs about how this fraud works at a technical level and why modern, automated cloud workflows can be a perfect hiding place for these costly attacks. He also shares a story of how a single cloud…
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