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Fraud over Internet Protocol
Last modified: Tuesday, August 08, 2006
FoIP, short for Fraud over Internet Protocol, is the act of taking
advantage of VoIP security vulnerabilities to steal
network capacity. The term was used after a
well-known criminal case where two men tapped into corporate and
service provider networks and routed millions of minutes
in calls illegally. One of the first uses of the term FoIP as an acronym for
Fraud over Internet Protocolappeared in an article on
Datamation. (Datamation is owned by the same parent company as Webopedia.)
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FoIP (Fraud over IP) Alarm bells should be going off at VoIP providers everywhere after the recent case in which a fraudulent VoIP aggregator routed as many as 10 million minutes of calls through other providers' networks and pocketed an estimated $1 million in fees from its customers.
