Month: April 2022

JT International, a division of the JT Group headquartered in Jersey, Channel Islands, is partnering with mobile network operators across Australia to help businesses identify and prevent fraudulent activity. JT’s Fraud Protection Services (FPS) platform has the ability to access rich network data in real time, to help businesses identify and prevent fraudulent activity.

The Australian Telecoms industry (Comms Alliance and all the leading Australian Mobile Network Operators) have selected and implemented the JT FPS solution to identify SIM Swap activity. JT’s FPS was chosen as the only real time solution which could identify SIM Swap fraud across all Australian operator networks.

Implemented with a leading bank in Australia, the network data provided by the JT FPS solution has already proven to be highly effective in protecting their clients against account takeover fraud.

By working with mobile and virtual network operators worldwide, JT’s Fraud Protection Services provide the broadest global coverage possible to help prevent account takeover fraud. The service is widely used by banks, financial institutions and payment solution providers throughout the UK and around the world, providing additional security to mitigate risk; and is now available to all business sectors in Australia.

The risk of compromising personal and financial data remains a major challenge for many businesses as they seek to protect their customers from scams, despite stricter online security measures. In addition to rich data sources, JT provides an SMS firewall solution that protects consumers against smishing attacks. In conjunction with its Mobile Network Operator partners around the world, JT provides secure connectivity for mobile communication channels and authentication processes that validate transactions.

Clare Messenger, Head of Fraud Protection Services at JT, said: “Account take over by criminals is a significant problem. Mobile Network Operators (MNOs) have the ability to provide rich information that in turn helps businesses determine if a customer’s account has been compromised. Working on behalf of MNOs, JT has developed a platform that provides them with real time data, crucial to preventing scams such as Sim Swap Fraud. I’m delighted that our launch in Australia has been so successful.’’

Following a rigorous appointment process, the Board of JT Group is pleased to announce the appointment of Daragh McDermott as its new Chief Executive Officer, who takes over with immediate effect from Interim CEO John Diamond.

He has worked in JT for over 20 years, with a key role across all strategic decisions during that time, from the rollout of fibre to the creation and development of JT’s recently sold IoT business. The Board concluded that Daragh’s experience and deep understanding of the business made him the ideal person to lead the company into its next phase of development.

Chairman of the JT Group, Phil Male, commented: “JT has a proud tradition of developing its people, and it is with great pleasure that we have appointed Daragh to the role of Chief Executive Officer.

“He has an exceptional track record of service to JT and understands the business and the ambitious five-year strategy recently approved by the Board and our shareholder. We ran a thorough process, overseen by the Jersey Appointments Commission, and I am delighted that we are now able to announce Daragh’s successful appointment. He thoroughly deserves this opportunity and I am certain that our people, our customers and our stakeholders will join me in congratulating him.

“I would also like to thank John Diamond for his hard work as Interim CEO – his calm and incisive leadership has been a real asset to all at JT.”

Daragh McDermott added: “It is a huge privilege to step up to the position of CEO and to continue working with the fantastic team here in JT to take full advantage of the opportunities that lie ahead, as well as manage some significant challenges that are coming down the line. Central to this will be putting customers interests’ at the very heart of what we do, while continuing to invest heavily in the Channel Islands’ critical national infrastructure and rebuilding and growing our international portfolio. Our ambitious investment plans for the next five years will see JT invest in excess of £100m in our networks and I want to ensure this is done in a way that benefits both the wider economies that we serve and every single customer that will be making use of the reliable and robust world-class networks that we operate.”