Understanding the Threat of Mobile Fraud

Filed in Fraud Management, Roaming by on June 16, 2015 0 Comments

Over the last few years, there has been a revolution in the range of services available to us through our mobile phones. This has been made possible, in part, by dramatic advances in the technology of core networks, which are becoming increasingly IP-oriented.

With change, however, comes risk, and whenever new technologies open new money trails, criminals usually follow. As a result of this and our increasing dependence on mobile technology, we have entered a new age for fraud and other security risks, leading operators to continually battle to ensure that the mobile world maintains a high level of security for the prevention of fraud and for the safeguarding of subscriber service and privacy.

I recently had an opportunity to gain some perspectives on this when I caught up with Axel Roesner, Head of Fraud Detection Engineering and Processes for Deutsche Telekom. As a leader in international telecom fraud prevention, Axel is a great advocate of sharing learnings on fraud and security for the mutual benefit of all concerned. Axel shared some of his insights on the biggest challenges the industry is facing today, how fraud may change in the next few years, and why it’s important for our industry to work together and share information to better address this complex threat.

I invite you to view Axel’s remarks in the video below. I also invite you to share your comments about your experiences with or predictions for mobile fraud.

 

Tags: , ,

avatar

About the Author ()

James Stewart joined Syniverse in 2008 and brings more than 25 years of experience in the mobile industry, with a particular specialization in fraud prevention. In addition to being Director for Fraud Product Management at Syniverse, he serves as the Chairman of the GSMA’s Roaming and Interconnect Fraud and Security Subgroup. Before joining Syniverse, James was a Client Partner at Fair Isaac, in its telecoms division. It was during his tenure with Fair Isaac that he became directly involved in the creation of the near-real-time roaming data exchange (NRTRDE). Prior to his position at Fair Isaac, James worked at Neural Technologies and Cerebrus Solutions, and specialized in fraud and risk management. Previously, he was with Nortel Networks, where he spent 10 years working in Nortel’s e-business group to help operators overcome revenue assurance challenges. He holds a Bachelor of Science in electronics and electrical engineering from Brunel University in the U.K.

Leave a Reply