International Revenue Share Fraud

Develop a protective barrier to unwanted premium-rate termination calls

Stop The Abuse of International Premium Rate Numbers

International Revenue Sharing Fraud (IRSF) is the most persistent type of fraud within the telecom industry. Fraudsters often utilize illegal resources to gain access to an operator’s network in order to bring traffic to phone numbers obtained from an International Premium Rate Number provider.
This is the most challenging fraud to eliminate due to the complexity of the mobile network system and the involvement of multiple operators, usually its perpetuated by organized groups using illegal connections to bring a large volume of calls into high cost 'revenue share' service numbers, taking advantage on the roaming capabilities of SIM cards

WeDo's Solution To Fight Premium Rate Fraud

RAID.Cloud IRSF App is a pre-configured Fraud Management Application, which allows you to audit and control all traffic CDRs generated at the network switches.
Using the near real-time exchange of records for both voice and data, it provides the detailed data required to detect complex and elusive fraud patterns quickly, allowing you to reduce fraud detection times and losses, typically by 90% or more

Can't see the forest for the trees?

Harness the power of your data to connect the dots between strategy, risk and performance.

Integrated Hotlists For Enhanced Detection

Yates Fraud Consulting, in partnership with WeDo, gives RAID access to a database with over 90,000 IRS test numbers.
Used along with the GSMA High Risk Range list, these numbers are effective at identifying potential IRSF incidents before they start. The list covers virtually all destinations and it's automatically updated every 4 weeks to keep the database current.
IRSF is lot more difficult to detect as the numbers involved aren’t usually part of the national numbering plans, which increases the difficulty of identifying the called numbers as premium rate services and monitoring hotlists.

Designed To Deliver Immediate Results

International Revenue Share Fraud (IRSF) causes significant revenue losses to telco businesses. CSPs need to be a step ahead of these new-age attacks, which are becoming more sophisticated each day.
WeDo has designed a pro-active IRSF solution making use of Artificial Intelligence and machine learning to help you safeguard your revenue and resources against these frauds, by predicting and automatically adapting to new fraud trends.

Choose How You Want Your Subscription App Deployed

Adopt the RAID platform and chose the deployment option that best fits your business needs, budget, and resources.
If your company still doesn’t have a full public cloud policy due to security and compliance issues, WeDo Technologies provides an alternative in private and hybrid cloud models to deploy RAID with its prebuilt risk management modules or apps.
Try the cloud environment for free! Get a free access to RAID.Cloud for fraud management. Just subscribe to request a free trial, load your data, and start monitoring alarms though one of our apps using the ready to go cloud-based server environment.

RAID risk management software is easy to use and highly configurable

Schedule a meeting with us and see what RAID can do for your business.

All The Necessary Tools Integrated Into One Platform To Handle The Entire Risk Management Lifecycle

Case Management
Drill down on data and alerts with ad-hoc analysis to find the root cause of fraud and make better decisions faster.
Fully configurable
Use easy-to-apply configurations, workflows and dashboards to enable simple and transparent mirroring of your required business processes. Automations and migrations let you execute this in days instead of months
Hybrid Solution
React to and stop known and unknown fraud patterns in a repeatable and auditable way by combining an extensive rules library with machine learning.
All-In-One Software
Manage the teleco fraud management lifecycle autonomously, from data loading to mitigation actions, with RAID’s complete suite of tools for fraud analysts.
Link Analysis
Quickly uncover fraudulent activities by highlighting key individuals, connections and patterns in a unique visual way. Gain a deeper understanding of data within different entity and relationship types, as well as attributes that can help uncover hidden fraud patterns.
Real Time Data Processing
Address the problem of matching continuously income events to evolving patterns like bypass fraud with RAID's complex event processing (CEP).Accelerate fraud detection and react faster to emerging threats with real time data stream analysis.

Stop The Monetization Of IoT Devices for IRSF

IRSF is attractive to criminals because of the inherently low risk of the attack. It can be performed from a distance and the received money comes from redirecting the inter-carrier billing for expensive telecom traffic.
Since these frauds can be executed against the internet of things (IoT), the sheer number of devices that can be possibly involved has to be considered.
When attacks originate from IoT-critical infrastructure, and is subsequently blocked as fraud, the IoT-enabled deployments then go silent. RAID allows CSPs and organizations using to secure the new complex environments of IoT Organizations that are using telecoms in operations need to improve their security and fraud prevention measures to ensure the continuity of services, RAID allows CSPs to secure the new complex environments of IoT.

The New Combo Punch in Telco PBX & IRSF

PBX/IP PBX hacking and IRSF have become the new and preferred fraud combination used by fraudsters. Mobile operators upload lists of 'hot numbers' to block known fraudsters, nevertheless the only way to fight attack combinations like this is with real-time defense using machine learning solutions to process vast data lakes of network and customer data.
RAID IRSF protects the network in real-time with predictive analytics and machine learning, the network is protected from new vulnerabilities, protecting networks from fraud can no longer rely on using rules / thresholds when fraudsters are using AI to commit fraud and change their behavior in real-time.

The Out-Of-The-Box Solution To Fight IRSF

Next-generation services configured out-of-the-box to provide full coverage of International Revenue Share Fraud, detailed alarm status provides to the fraud analysts the ability to perceive the scope of the alarm, but also to mark them if analyzed, helping them to manage their workload.Built-in Hotlist of know fraud numbers and countries provided according to GSMA recommendations allows CSPs to add records in Risky Destinations, External Fraudsters and Subscription Fraudster hotlists. Protects your revenues and company reputation delivering a competitive advantage through the detection of frauds allowing CSPs to take the proper action to solve it.

Future-Proof Your Fraud Management Strategy By Adopting A Hybrid Technology

Rule Based Approach
An extensive rules library provides immediate fraud awareness and increased accuracy
  • Optimize rules according to your needs
  • Greater accuracy and lower error rate
  • Immediate results
AI/Machine Learning
AI and Machine learning algorithms leverage data analysis processes to detect deviations and unknown fraud patterns
  • Rapid prediction and processing analysis
  • Past customer behaviors evaluation
  • Unlimited traffic analysis
Hybrid Solution
A hybrid approach designed to combine rules with machine learning to detect and predict fraud
  • Early and accurate fraud cases detection
  • High risk deviations identified in real time
  • Outlines new fraud patterns and emerging operating methods

A Hybrid Approach To Telecom Fraud.

At WeDo Technologies we believe that the best approach to telecom fraud is the hybrid one: combining models and rules. Rules can be very effective in mitigating fraud risk, and telecom fraud analysts are comfortable with this approach because they can inject human intelligence and set common-sense parameters for the telecom business. However, not having the right rule in place can result in false positives, false negatives or even in a fraudulent attack going below the radar. Unlike rules, machine-learning models can account for changing fraudulent behaviours as they evolve over time. Our fraud management solution is leveraged by a combination of rules, and supervised and unsupervised Machine Learning algorithms, to detect the widest range of telecom fraud scenarios in the telecom industry.

WeDo Risk Consulting Services

All telcos can benefit from a proactive risk management strategy when rolling out a 5G infrastructure. This means defining key risks, weighing their probability and impact on business drivers and developing your thinking on actions to take. WeDo Technologies can support you in this. Our consultancy experts can undertake risk assessments that go beyond financial and regulatory risk to consider the wider environment in which you deploy 5G services. Additionally our consultancy experts can help you put in place effective monitoring and control tools that give you earlier warnings, and enable you to respond quickly and effectively.
  • Profitability and liquidity
  • Operational excellence
  • Compliance
  • Growth opportunities

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