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Fraud Management in Telecom

Telecom Fraud in Real-Time

The impact of fraudulent activities in communication service providers affects service, networks and customers dramatically, meaning telecoms have to know how to manage fraudulent activities to minimise these effects. Lifecycle Software monitors the network and partner data sources to detect and flag abnormal situations and act swiftly on suspicious activity

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Advanced algorithms scout networks in real-time and pinpoint SIM cards and devices with abnormal or suspicious usage patterns. We monitor thousands of indicators like abnormal volumes of traffic in a specific location, devices that sent thousands of SMS with a link, IMEIs with exceptionally high data consumption and devices with several SIM cards associated within a short time. We are able to proactively counteract fraudulent behaviours with automatic workflows to terminate, block transactions, or suspend a subscriber in real-time.
Protect Your Revenue Avoid increased support costs and churn
Ensure Service Quality No bandwith waste with service continuity
Safeguard your network Fraud can seriously disrupt networks
Fraud can seriously disrupt networks Scams impact your subscriber’s life and your reputation

Event Intelligence: Your ally in fraud management

Event Intelligence is a solution that monitors network events and uses predictive analytics and real-time decisioning to deliver strategic workflows

  • The decisioning within Event Intelligence is reactive to all-new available data in real-time
  • Able to trigger workflows to terminate, block transactions, or suspend a subscriber in real-time

Fraud detection capabilities

Phishing SMS and calls

Fraud calls with premium phone lines

SIM Swap

SIM-farms & SIM-box

Robocall scams

Network attacks

Abnormal patterns

Fraud Management for IoT

IoT providers require a flexible system to manage and assign huge SIM inventories,  give multiple resellers access to services and ensure visibility on the status of globally connected devices. Event Intelligence monitors device and group allowance, behaviour, device authenticity and activity to manage and act on fraud. 

Get in touch with us

Find out more about how Lifecycle can help you accelerate your business growth and reach your goals.