Skip to main content
BACK to News & Events

Stop telecom fraudsters in their tracks

October 3, 2018

Stop telecom fraudsters in their tracks (Sponsored News): Service providers continue to struggle with significant telecom fraud losses despite having implemented sophisticated revenue assurance processes and fraud management systems. While quantifying the exact financial impact of fraud is difficult, as it often takes place in the background, leading industry organizations and assurance companies estimate that between 0.6%¹ to 2%² of total annual telecom revenues are lost to fraud. This makes fraud a US$10 billion annual problem and it could be as high as US$40 billion annually, according to the Communications Fraud Control Association (CFCA).

Read more.