Wednesday, December 18, 2013

Fraud Management in Telecom

Fraud refers to cheating to gain monetary benefit in unfair and unlawful way.

Fraud Management in Telecom refers to way to stop such cheatings in mobile usages. These usages can be voice usages  or data usages.

These fraud can be Subscription Fraud, Roaming Fraud ,Identity Theft, By-Pass Fraud, Prison Call forwarding , Account takeover fraud etc. 

Today's challenge lies in adapting to the changing ways of the fraudster and moving with speed to catch and block exploits more quickly to minimize monetary losses. There are many products accross the globe to stop such frauds. Products are based on recognizing  call patterns, locations etc to catch the fraud. I will elaborate on the ways of identifying frauds in next blog. Till then keep reading.

Thank you.