Each new generation and mode of communication medium carries inherent
risks and how those risks are managed directly affects revenues,
profitability and customer loyalty. For decades theft of service and
false payments have plagued the communications industry with alleged
losses far in excess of $10billion annually. On top of that the
industry spends tens of millions of dollars on technology and people to
detect and manage those losses.
Subscription fraud, e-commerce fraud, international simple
resale, premium rate fraud, cloning, wireless-local-loop, hacking,
prepaid fraud, billing fraud and more, are universal communications
vernacular. They refer to problems that refuse to abate, regardless of
technology enhancements.
ChaseWaterford's consultants have assisted scores of
communications operators globally. Managing security and fraud risks by
developing strategies, training staff, reviewing operations and
designing customised controls to mitigate both common and locally
influenced risks.
View Industry Case Studies
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FRAUD -
Is it affecting your business? |
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