Effective January 1st, 2022
As of January 2022, there will be a 2.5% increase to the Regulatory Admin Fee to offset costs associated with newly mandated FCC regulations.
1. New FCC Regulation: STIR/SHAKEN
What is STIR/SHAKEN?
STIR (Secure Telephony Identity Revisited) and SHAKEN (Secure Handling of Asserted information using toKENs) are a framework of standards developed by the communications industry to help address illegitimate caller ID spoofing. The standards provide, among other things, a way to “sign” and “verify” calls so a call recipient has assurances that the call is in fact from the telephone number displayed on the caller ID. However, as STIR/SHAKEN currently only works for calls carried over IP networks, it will take some time before the standard is fully adopted and operational across the entire communications industry (especially where legacy networks are involved). As this is an industry developed solution under an industry-led governance structure, the standards may change and evolve to address new problems and concerns as they arise.
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