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Europol Raises Alarm Over Caller ID Spoofing Crisis

🚨 Europol has issued a Position Paper warning of a rising wave of caller ID spoofing, where criminals falsify numbers to impersonate banks, government bodies or relatives. The agency estimates global losses around €850m annually and reports spoofing now underpins roughly 64% of phone- and SMS-related fraud. Europol calls for harmonized technical standards, stronger cross-border cooperation and regulatory convergence to make spoofing harder to perpetrate and easier to investigate.