Telecommunications Fraud: Why it happens and How to prevent it?
Telecommunication fraud is the use of telecommunication products or services with the intent of illegitimately acquiring money from, or deteriorating to pay, a telecommunication company or its clients.
E.g. PBX/IP-PBX Fraud: The hacking of a PBX to initiate long-distance and high case destination calling by fraudsters.
Telecommunication fraud is becoming a major problem these days because of the unprotected nature of the open architecture used by many modern telecom systems.
NEON can help you stop losses before they occur. NEON - Fraud Management is designed to automatically detect fraudulent activity and also prevents further losses by acting in real-time. You can set up various alerts which will be raised as soon as fraud will be detected.
Be proactive, with real-time monitoring and alerting.