One reason it is imperative that operators address roaming fraud is that we expect the risk of it will grow in the future. As regulators such as the European Commission move to reduce the cost of mobile roaming for end-users, operators can expect to see significant increases in the amount of roaming traffi c and, as a result, even more opportunity for fraudsters. So there really has never been a better time to review fraud protection, assess the risks together as an industry, and strengthen our joint barrier against fraud.
In fact, anti-fraud protection for GSM and also CDMA markets is vital for maintaining subscriber confidence. Not only does a comprehensive anti-fraud strategy reduce the potential revenue lost to fraud and increase profi tability, it also offers a secure environment for subscribers and gives confidence to operators that their networks are combating fraud more effectively. Ultimately, it will increase profi tability through a new proactive, robust response to organized crime that continues to protect operators’ brands.
Using solutions such as NRTRDE compliant products and/or a FDS give operators worldwide the opportunity to spot criminal activity sooner rather than later. These operators clearly will decrease their chances of experiencing a form of potentially catastrophic fraud that could negatively impact their bottom lines as well as cause concern among customers and shareholders. Obviously, the time for operators to act is now if they desire to gain more visibility and control over their networks, putting them in a position to spot new fraud trends quickly and to deal with them decisively.
"Not only does a comprehensive anti-fraud strategy reduce the potential revenue lost to fraud and increase profi tability, it also offers a secure environment for subscribers and gives confidence to operators that their networks are combating fraud more effectively."
Eugene Bergen Henegouwen
Executive Vice President
EMEA, for Syniverse Technologies