Top 5 Telecom Fraud

 

- Bypass Fraud.

- MCommerce Fraud.

- Internal Fraud.

- Cloning and Stuffing.

- Dealer Fraud.

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Telecom Fraud
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According to the Communications Fraud Control Association (CFCA), is estimated to amount to $80 billion annually. To put that in another perspective – Telecom operators are reporting fraud losses averaging between 1% and 4.5% of their total revenue.

So where does all this fraud come from?

 

 

Based on the CFCA’s figures shows the breakdown of various types of fraud and the losses incurred from them. The two heavy-hitters are clearly “subscription fraud” and “Bypass” – together composing almost 50% of the entire fraud market.,

We have carefully designed our services to suit the urgent needs of Telecom operators to help them minimize frauds, our bypass fraud detection service can deliver instant results.

 

Learn more about this fraud and facts click here for more detail explanation.

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