Outsmarting the fraudsters: Strategies to address Telecom’s $29B Global Fraud Problem
October 24th, 2018
Global network fraud can have a devastating impact throughout the entire communications ecosystem, from service providers and consumers to businesses and governments. According to a recent global fraud survey by the Communications Fraud Control Association (CFCA), $29 billion (USD) is lost annually. This leads to a loss of profit margin and brand loyalty for service providers, and increase in costs for retail and commercial consumers impacted with these fraud attacks. (more…)