Telecom fraud not only affects MNOs and their residential and commercial subscribers, it impacts everyone in the industry. Especially voice fraud burdens subscribers with huge bills and, at the end of the day, operators have to pay for it.
In our previous blog, we introduced you to International Revenue Share Fraud (IRSF), IP PBX/ PBX hacking and roaming fraud. Especially with roaming fraud, the GSMA found ways to improve the situation remarkably. When the NRTRDE (Near Real Time Roaming Data Exchange) format was developed and standardized, our CTO Hendrik Hoehndorf contributed substantially by leading the GSMA FSS working group which was tasked to define the new standard. While NRTRDE certainly proved to be very beneficial, it still gives fraudsters a few hours’ window to act undetected. And this is an unsatisfactory situation for all fraud managers. This means there is still a lot of work to do, and fortunately, a lot of innovation is going on. Stay curious for our insights regarding newest developments in this field.