INDUSTRY WATCH
THIS PARTNERSHIP
MARKS THE FIRST TIME A
TELECOMMUNICATIONS
COMPANY WILL DELIVER
SECURITY PROTECTION
FOR ALL ITS CUSTOMERS
REGARDLESS OF WHERE
THEY CONNECT FROM.
O
culeus, a leading
provider of innovative
OSS/BSS solutions for
telecommunications service
providers and network operators, has
announced that the company has won
the Cybersecurity Excellence Award for
its Oculeus Anti-Fraud System in the
category for Communication Fraud
Protection. The Cybersecurity Excellence
Awards is an annual award competition
honouring individuals and companies
that demonstrate excellence, innovation
and leadership in cybersecurity.
The Oculeus Anti-Fraud System is used
by telecommunications service providers,
network operators and other providers of
voice-based services to protect against
fraudulent telecommunications traffic
and the revenue losses caused by fraud.
The Oculeus Anti-Fraud System
provides an automated framework to
efficiently identify and prevent fraud.
The solution builds a baseline profile
of expected telecommunications
activity and continuously monitors all
telecommunications traffic using call
attempt evaluations, call records and
commercial data to check for traffic
anomalies and patterns that are typical
of fraud.
In addition to rapid post-call fraud
evaluations, the system performs fraud
www.intelligentcio.com
evaluations before the start of a call by
working with a SIP redirect server and a
pre-call fraud detection engine in order
to evaluate all pre-call attempts and
immediately block traffic that is identified
as fraudulent. The system allows an
unlimited number of scenarios to be
analysed for instances of fraud, including
parameters such as time, frequency, call
value, destination, origin and more.
By performing fraud evaluation and
blocking in near real-time before the start
of a call with automated processes, the
Oculeus Anti-Fraud System eliminates
or significantly reduces potential
revenue losses caused by fraudulent
telecommunication traffic.
“Our application of anomaly detection
combined with automated processes
is extremely fast and rather unique for
telecoms fraud prevention practices,”
said Arnd Baranowski, CEO of Oculeus.
“As we prepare for the launch of our
new version, this award provides
important confirmation of our innovative
approach to telecom fraud prevention
and the unique value we are delivering
in positioning our customers to better
protect their communications networks
against fraud.”
Oculeus is planning to launch a new
version of its Oculeus Anti-Fraud
System that will specifically focus on
INTELLIGENTCIO
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