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Fraud is a serious concern for the communications industry. According to a large American operator, handset fraud cost the company about $190 million in 2018, during which it lost nearly 210,000 devices. In one month alone, handset fraud cost them $34 million. Identity theft also impacted 7,000 of their customers per month on average in 2018, up 46% from 2017.
Fraudsters are constantly developing new methods to target new lines of business and are now increasingly part of sophisticated criminal networks. One critical tool in the fight against fraudsters is Social Network Analytics (SNA), which can quickly help you identify synthetic identities, application fraud, fraud rings and other sophisticated efforts to defraud your organisation.
Join this 33 minutes webinar to learn how to:
Joerg Reuter, Senior Consultant of Fraud, Cyber & Compliance