Fraud Managers recognise the complexity of this fraud type, and know they are ill-equipped to tackle it effectively.
Why? Because traditional fraud systems are “rules-based”, and alarms are only generated after the attack has occurred.
By then it’s already too late.
FraudStrike™ offers a unique advantage over other fraud detection techniques: it generates alerts either before or during the early stages of a fraud attack.
This is a very key differentiator, as we can now "move the dial" from reactive to predictive fraud detection, saving telcos up to 98% of potential financial losses in a single IRSF case.
Telcos will now be able to: