Fighting fraud is an essential duty that telecom operators must perform in the ever-changing world of telecommunications in order to protect their networks and earnings. Fraud is a ubiquitous and dynamic problem that seriously jeopardises the financial stability and integrity of telecom services. Introducing Trovicor's FDO, a cutting-edge Fraud Management System created with the intricacies of the telecom sector in mind.
The biggest fraud worry in 2024 will be Subscription (Application) Fraud, which presents a serious threat to the telecom sector. It represents a startling 14% of total telecom fraud, with a significant financial impact of almost $5.46 billion USD. This concerning figure emphasises how urgently the telecom industry needs strong security protocols and cutting-edge fraud detection techniques.
With its cutting-edge AI integration and reliable, almost real-time detection Fraud Management System, Trovicor's FDO is an advanced solution for preventing telecom fraud.