African MVNO – Internal Fraud
Concerns were raised when our SIM Box detection service was not detecting many SIMs for an African MVNO and the suggestion was made to incorporate our covert testing module.
SIM BOX ELIMINATION
A Caribbean operator was experiencing huge losses due to SIM Boxes much to the disdain of the shareholders. It was time for action and Revector’s Locate and Eliminate service was deployed. Revector’s operation ground team landed and immediately began drive testing around suspected areas.
LOSSES ESTIMATION
Fraud teams often do not have huge budgets despite how crucial the work they are doing is to the protection of important revenues. It is not uncommon for operators to require proof of the benefits of such TCG systems.
AFRICA- ONE AREA NETWORK
Revector’s presence in Africa is large and has seen huge changes to the behaviour of SIM Box fraudsters with the introduction of cheap international calls within “One Area” agreements between Rwanda, Uganda, South Sudan and Kenya.
MIDDLE EAST MNO
An operator in the Middle East was approached after Revector had identified 73 SIM cards being used in bypass fraud in a brief test. A month passed and the operator had not suspended these numbers resulting in a loss of US$ 1.3 million.
A case of stolen identity
A report from Cifas – the UK’s dedicated fraud prevention service – has found that a record 89,000 cases of identity theft occurred in the first half of this year. Identity fraud has now reached epidemic levels, up 5% on the same period last year. The situation A new wave of identity theft is taking […]
SIM Box fraud and OTT bypass biggest threats to mobile operator revenues
Major survey of 150 global mobile operators highlights key threats to revenue in 2017: SIM Box fraud and OTT hijack OTT hijack is primary threat to revenues according to operators Call quality issues driving increased customer complaints 1st December 2016: Mobile network operators have lost 20% of termination revenues to OTT hijack in the last […]
Smishing: a new route for an old trick
Scam artists are moving away from calling phones and targeting victims through text messages instead. Their new method: Smishing (SMS-Phishing). What is Smishing? Smishing works in much the same way as a contemporary phishing e-mail, but the scam is sent by Short Message Service (SMS) messages instead. Preying on people’s panic and sense of urgency, […]
Why fraud evolves, and how to address it
Fraudsters are business people. When one route to generate revenue is closed, they will open another. Equally, when one issue for a network operator disappears, it is commonplace for that revenue loss to move to another method of fraud, rather than disappearing entirely. For the network, it does not matter if they are experiencing SIM […]
EU roaming abolition: Good news for fraudsters
Double whammy to network operators – increased SIM Box loss and OTT hijack Reduction to zero of roaming rates in the EU may make it easier for fraud against mobile networks Old frauds such as SIM Box are being supplemented with new scans such as OTT hijack to threaten operators’ revenues 22nd May 2016: Mobile […]