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20 September, 2018Industries such as retail, payments and financial services have been the obvious targets for cybercriminals for many years, writes Jason Lane-Sellers, the president of the Communications and Fraud Control Association (CFCA) and the director of solution consulting at ThreatMetrix.
20 April, 2018Everyone can agree that new problems require new solutions. This is particularly true, says Peter Ford, EMEA regional vice president at iconectiv, for service providers and enterprises hoping to halt the rising epidemic in industrial-scale telecom fraud. (more…)
12 April, 2018Telecoms fraud is an expensive business, writes Katia Gonzalez, the head of fraud operations at BICS. According to the most recent Global Fraud Loss Survey by the Communications Fraud Control Association, fraud cost the industry a huge US$29.2 billion last year alone. This figure was down by more than 23% on 2015’s total, which is certainly encouraging, but the potential remains for the various types and methods of telecoms fraud to do some substantial financial and reputational damage.
23 October, 2017So there I was, discussing subscriber fraud last week in the steamy heat of Miami Beach with WeDo Technologies’ North America VP, Thomas Steagall, says Jeremy Cowan. Outside, it was still hot enough for Factor 35 and we were both trying to concentrate on profit margins. (more…)
22 August, 2017Every business, in every area, risks being a victim of fraud. High profile issues such as cyber-attack or DDoS get the headlines, but often it is simpler issues that cause the biggest threat. For the supermarket, it is theft from the shelves or the stolen credit card. (more…)
10 March, 2017The telecoms industry is at something of a crossroads in regards to fraud threats, says Kevin Stanfield, is Analytics Product manager at MDS. (more…)
09 February, 2017The Communications Fraud Control Association’s (CFCA) annual fraud survey provides telecoms fraud managers with an assessment of the key revenue threats from fraud. (more…)
02 November, 2016According to the Communications Fraud Control Association (CFCA), network operators around the world lose around $38 billion annually to fraud and uncollected revenues. (more…)
20 October, 2016BICS, a global wholesale carrier for voice, mobile data and capacity services, hasannounced the launch of its Voice Roaming Firewall solution, which automatically blocks incidents of voice fraud in roaming for its customers. (more…)
12 January, 2016Revenue losses and fraud may be higher on the agenda for communication service providers (CSPs) following independent research released by Neural Technologies. A new global survey of 113 CSPs has found that these losses have now reached 13.1% of gross revenues. (more…)
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