CFCA Events

LATRO specializes in real-time fraud control. Our advanced analytics platform processes multiple data feeds aimed at proactively identifying and preventing losses. Many of our customers implement our platform to control international voice bypass fraud. Bypass fraud controls must operate in near real-time, preemptively detecting SIM cards used to wrongfully terminate voice traffic. Even a few minutes of detection delays easily leads to significant revenue losses.

With the fast rise in Smart City data, a new breed of fraud designed to attack cities via that data is emerging.  While classic data attacks have sought to cripple city data access (e.g., ransomware attacks) or to obtain citizen personal information, these latest attacks target data from IoT devices and arrays, potentially costing cities millions of dollars

The active usage of static databases of unallocated and potentially fraudulent numbers by operators is changing how fraudsters are carrying out their attacks. This concerns classic telecom fraud as well as social engineering scams and imposter fraud. However – while fraudsters are working hard trying to mimic the behavior of real customers – operators and businesses now also have more tools to stay ahead in this race. And using collective intelligence is quickly becoming a must-have component of an effective defense strategy.

Join Somos on a journey through validation products (used in calculating analytics) that are available today to place your company in a position to conquer validation of customers and traffic

Balancing fraud protection and customer experience is a challenge faced by many CSP’s today. In fact, in a recent survey by FICO, 71% of consumers ranked fraud protection as their top ranked considerations when selecting a new business. Today, many savvy institutions are using advanced technologies that effectively protect against fraud without negatively impacting the customer experience – all while driving more revenue.

The world is not one size fits all when it comes to analyzing traffic. You need to be able to audit ALL your call flows to ensure that fraud, robo-dialing and other anomalies are kept within expected norms. Triangulation is key to effectively mitigate unexpected activity on your network, not just for today but the problems of tomorrow.

The unsolicited call and SMS campaigns seen in Canada and the collaboration initiatives between the Canadian carriers and the regulator on voice abuse issues

Analytics have brought us long way when it comes to identifying robocall traffic and figuring out where it comes from. But we all know that not all robocalls are illegal. Content and consent need to be integrated into our analytics. It’s virtually impossible to PROVE an illegal robocall unless you’ve captured the content.

Steve Schwed of Verizon will discuss recent Handset Fraud Trends and Key Learnings about the driving economic forces behind device trafficking. Particular attention will be paid to the restrictions on blocklisting and ASIM locking in some Middle Eastern Countries and Asia and the correlation to handsets being trafficked to that region.