winning against the telecom fraudsters
The telecom industry loses about $6 billion annually due to interconnect bypass fraud, or SIM box fraud, according to the Communications Fraud Control Association (CFCA)¹. Despite having deployed sophisticated fraud management systems, SIM box fraud continues to cost an average service provider more than $2 million per year based on a survey by ROCCO².
Fraudsters avoid call charges by bypassing the legal interconnection routes and terminating their traffic directly to the mobile networks, using SIM boxes and low-quality Internet connections.
Not only are the financial losses significant but there is also an immeasurable impact on subscriber satisfaction that cannot be underestimated, including degraded voice quality, incorrect caller ID and increased SMS spam...