Big Data Report Points to 70% Surge in Chinese Telecoms Fraud in 2017

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Telecommunications-based fraud in China saw a sharp rise last year according to a new big data report from the Chinese judicial authorities.

The Telecommunications Network Judicial Big Data Specialist Report (电信网络诈骗司法大数据专题报告) released by China’s Supreme People’s Court indicates that the number of telecoms-related fraud cases whose first instance trials have concluded saw a year-on-year rise of 70.34% in 2017.

According to the report during the period from 2016 to 2017 the top five methods for perpetrating telecommunications-based fraud were telephones, SMS, trojan viruses, phishing websites and QQ.

Over half of all telecommunications-related fraud was perpetrated via phones, while SMS fraud accounted for more than 30% of cases.

Internet-related also saw a surge in its share of telecommunications fraud, rising to over 60% in 2017, with software tampering and WeChat fraud seeing a two-fold increase.

Fraud involving the use of Trojan horses, phishing websites or voice platforms saw a rise of over 100%.

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