$5bln losses stem from inadequate protection

The lack of roaming fraud protection will cost mobile operators around $5 billion in losses globally this year.

According to MACH, many operators worldwide have yet to comply with NRTRDE recommendations.

These less protected companies are most prone to fraud-related losses. Perpetrators of roaming fraud rely on poor operator visibility and slow inter-operator processes to profit at the operators’ expense.

This requires operators to re-evaluate the use of their existing fraud detection measures and look for ways to reduce expenditure.

While their margins are under pressure from increasing roaming tariff regulation and competition, they cannot afford to increase their exposure to fraud.

Also, their subscribers will not accept any disruption to service caused by fraud prevention.

 

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