Mobileum’s Predictive Fraud Detection Solution Identifies Data Abuse with 95% Accuracy

Santa Clara, CA, February 13, 2016 --(PR.com)-- Mobileum, the leader in analytics solutions for telecom business transformation, has today announced the launch of its Data Abuse and Fraud Analytics Solution, adding to the company’s Counter Fraud Analytics portfolio. The solution deals with new scenarios of evolving data fraud such as Plan Abuse, OTT (Over the Top) Bypass, OTT Camouflage, and DNS/HTTP Tunnelling.

As the usage is shifting from Voice to Data, one of the alarming sources of revenue loss for the CSPs is from Data Fraud. As an example, it is now possible for an OTT (Voice over Data App) player to collude with CSP or interconnect operator to illegally intercept/hijack and carry legitimate voice calls over data, and terminate them at the destination over an OTT app. As another example, when CSPs offer plans for apps (such as unlimited Facebook usage) an OTT app can camouflage its data traffic as Facebook, so that it does not get charged causing revenue loss to the CSP. The volume and scale of such illegitimate operations is growing at a disturbing rate, and further puts the CSP at risk, in the long run, because of its ability to upturn the CSPs entire revenue model.

Mobileum’s solution to counter data fraud employs advanced machine learning models to proactively detect potential fraud and predict most likely suspects to generates insights in real-time for early fraud prevention. Further it optimizes network utilization by weeding out unauthorized usage and network abuse that steal precious bandwidth.

“Data fraud accounts for close to USD 14.2B in revenue loss for CSPs annually, this combined with the increased shift in traffic from voice to data networks, CSPs are facing huge challenges as existing Fraud Management Systems struggle to detect and act with the speed and accuracy needed to prevent potential revenue losses,” said Bobby Srinivasan, CEO, Mobileum.

Mobileum’s proprietary algorithms use advanced data science techniques to guarantee detection accuracy of over 95%, the insights are then subjected to re-verification using an active testing process to eliminate false positives and low confidence suspects. This solution to address data fraud situations is built over Mobileum’s robust Counter Fraud analytics platform that already caters to a variety of Voice Fraud scenarios such as Domestic and International Revenue Share Fraud (IRSF), Bypass Fraud, and Roaming Fraud, and is in use by Tier-1 operators in the Americas.

“We designed the Counter Fraud Analytics Solution in direct response to these growing data fraud detection and prevention needs of the telecom operators. Our solution does not stop at detection, but includes integrated, actionable and prescriptive control of fraud and abuse based upon a combination of dynamically auto-configured business rules and policy control. By providing a high degree of detection accuracy, our solution ensures revenue protection for the operators,” said Jaskaran Singh, VP of Big Data & Analytics at Mobileum.

Mobileum is exhibiting its Counter Fraud Analytics Solution at Mobile World Congress in Hall 6, Stand 6H41, from 22-25 February 2016.