Fraud management in cloud simulation
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The document discusses Syniverse's cloud-based fraud protection services for mobile operators. It highlights that mobile fraud and revenue leakage will cost operators $300 billion by 2016. Syniverse's centralized global fraud intelligence platform collects and analyzes fraud data from over 110 customers to more accurately identify new fraud techniques. The cloud-based system provides faster ROI, less implementation time, lower costs than on-premise solutions, and 24/7 expert support. Recent customer examples demonstrate detecting over 9,000 fraudulent SIMs and preventing over $15 million in losses within 5 months.
Fraud management in cloud simulation
- 1. 1 1 Syniverse Proprietary Fraud Management in the Cloud
- 2. 2 Syniverse Proprietary Juniper estimates that mobile operators loses from fraud and revenue leakage between between 2012 and 2016 will add up to $300 billion Fraud and Revenue Leakage – The Threat Revenue leakage accounts for up to 15% of average operator’s revenue (KPMG) HighFinancial Impact, Complex, Global and Continuously Evolving International Revenue Share SS7 Manipulation By Pass Premium Rate Service Roaming Domestic Revenue Share Prepaid Accounts for U.S. $46 billion loss annually - corresponding to 1.9% of the average operator’s revenue (CFCA 2013 survey) Fraud Detected
- 3. 3 Syniverse Proprietary Syniverse Cloud-based Fraud Protection The Power of Centralization Syniverse Centralized Global Fraud Intelligence Positioned to identify continuously re-invented fraud techniques Pioneers of cloud-based fraud protection More data equals more accurate analysis Be Part of a Global Level of Vigilance Provided by Syniverse and Created With Our 110 Customers Globally amassed patterns processed with patented analysis technology Data privacy: Secured environment complies to stringent laws
- 4. 4 Syniverse Proprietary Syniverse Cloud-based Fraud Protection Smoother Implementation Syniverse Centralized Global Fraud Intelligence Better ROI on Fraud and Revenue Protection: Less Costly and Easier to Implement Faster ROI: Implementation timescales of days not months Modular architecture, complementary products Reduce exposure to attacks during protracted implementation projects Less costly: no hardware or 3rd party software
- 5. 5 Syniverse Proprietary Syniverse Global Fraud Central Intelligence Syniverse Cloud-based Fraud Protection Dedicated 24/7 Experts The Power of Centralization Combined with the Discretion of Experts Operator backgrounds with strong operational experience available 24/7 Access to the most experienced support team using cutting edge systems Proud of their expertise and motivated by protecting the global operator community
- 6. 6 Syniverse Proprietary Syniverse Cloud-based Fraud Protection Syniverse Global Fraud Central Intelligence Fraud identification alert Pre-agreed operator response invoked to trigger attack mitigation Predict likely subsequent occurrences and initiate proactive mitigation Response to Premium Rate Number Traffic Inflation Attack Fraud Detected
- 7. 7 Syniverse Proprietary Accept and Adopt Syniverse Cloud-based Fraud Protection Customer Results Provided 24/7 access to an expert support team to allow customers to make the right decisions at the right time. Detected and predictively blocked more than 9,000 fraudulent IMSIs in five months. Protected customers against new and advanced fraudulent techniques arising from LTE. Prevented a combined loss of over $15 million across our global customer base in five months. Over 100 Customers Benefit from Syniverse Cloud-Based Fraud Protection Here are some specific examples of how our quick-to-implement, cloud-based approach to fraud protection has helped a few of the 100-plus customers we serve. Found $600k of fraud in one day for U.S. Tier 1 operator. Identified fraud loss of $820k in 2 days for MNOs in Australia Indonesia and Thailand.