It’s no secret that telecoms fraud has become one of the most widespread and damaging problems facing the telecoms industry today. Telecoms fraud comes in all shapes and sizes and impacts across the sector in a number of ways, ranging from attacks against interconnect traffic to direct attacks on PBX, SMS Fraud, A2P Fraud and even situations where multiple PBXs are hacked in order to create major challenges in both detection and investigation. An increasing difficulty is the international nature of fraud which makes identifying and subsequently prosecuting frauds nigh on impossible for resellers and authorities alike. Quantifying exactly how much of a financial impact fraud has on the industry is difficult due to the complexity that is associated in recording losses and the surrounding sensitivities that go with a company declaring they have been a victim.
More than 600 mobile network operators (MNOs) have yet to address the crippling loss of revenue arising from the presenceof ‘grey’ routemessaging in the global application-to-person(A2P) SMS marketplace.
Each year mobile/cellular carriers lose the equivalent of almost one and three quarter billion US dollars through theft of service and related frauds. Fraud & revenue loss in telecoms continues to be a major priority for big businesses. Fraud Management and Revenue Assurance (RA) in the telecommunication industry are both key factors in maintaining operator’s margins. With the growth in complexity of networks, services and the increasingly sophisticated use of technologyby fraudsters, these requirean end-to-endapproachwhich proactivelyidentifies future challenges. Revenue Assurance is therefore a major concern for all operators. There is a general consensus in management that between1 to 3% of revenues are unbilledand that between2 to 6% of billed revenues are unpaid.
In this conference you will meet with global and regional fraud and revenue assurance experts from regional and international leading operators. Interactive presentation, networking platform and panel discussions, case studies as well as key note presentation from the experts will give you access to the information that you need to tackle the challenge that you are facing. This conference will give you the tools to handle this evolving climate and to minimize vulnerability to fraud and revenueleakageand maximizeprofit.