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Truecaller Strengthens Household Security With Family Protection

Swedish communications firm Truecaller has introduced an innovative scam-protection tool that marks a significant evolution from its traditional caller ID service. The newly launched Family Protection feature addresses the increasing complexity of fraud schemes that now target entire households.

Enhanced Multi-User Security

Family Protection enables up to five individuals to join a dedicated family group, with one member designated as the administrator responsible for managing scam-prevention settings. The pilot program is currently available for Android and iOS users in Sweden, Chile, Malaysia, and Kenya. This approach empowers the more digitally savvy family member to safeguard the household by monitoring and controlling scam alerts, thereby easing the burden on less tech-confident relatives.

Robust Functionality in Action

On Android devices, administrators gain access to real-time alerts during suspected scam calls, basic device diagnostics such as battery levels, and the ability to remotely terminate calls identified as fraudulent. This strategic enhancement comes at a time when global scam attempts have surged, particularly in markets with burgeoning first-time smartphone users and among older demographics vulnerable to digital deception.

Tracking a Global Surge in Fraud

The prevalence of scam calls has escalated worldwide, with countries like India reporting a spike in impersonation and multi-step fraud attempts. Truecaller, which boasts a user base exceeding 450 million worldwide, analyzes approximately 63 million scam attempts per day and benefits from a community that contributes to one of the largest databases of phone-based fraud activity. The continuous tracking of these trends underscores the company’s commitment to evolving its defense mechanisms in line with shifting fraud methodologies.

Adapting to a Competitive Landscape

As Truecaller expands its functionality beyond basic caller identification, it faces new challenges—most notably, emerging competitors in key markets such as India. Recent trials of a Caller Name Presentation system by the Indian government exemplify the regulatory and competitive dynamics that require innovative solutions. In response, Truecaller continues to broaden its service portfolio, with plans to roll out the Family Protection feature to additional regions, including India, in early 2026.

Innovative Leadership in Digital Safety

Truecaller CEO Rishit Jhunjhunwala remarked that the initiative is a direct response to the evolving threat landscape. “With Family Protection, one person’s vigilance now strengthens safety for up to five family members,” he explained, emphasizing the company’s objective to extend robust protection seamlessly across households. For users who opt for the Premium Family plan, the benefit extends to an ad-free experience and enhanced spam defense, including the automatic rejection of high-risk calls.

This strategic pivot not only reinforces Truecaller’s market position as a leader in caller identification but also highlights its adaptive approach to digital security in an era marked by sophisticated fraud. With a blend of technology and user empowerment, Truecaller is setting new standards for household security in the digital age.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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