Fraud incidents and security breaches can mean large financial losses for the mobile industry. As well as reputational damage. What’s more, they are on the increase. In response to this growing challenge, The GSMA Fraud and Security Services have been developed. They provide the tools needed to take swift action against the most prevalent global threats, which have been identified by the GSMA’s Fraud and Security Group (FASG).
These services are so vital because of the data at their heart. Namely, the unique and comprehensive information, specifics and intelligence only the GSMA can collate. Right now there’s a focus on deterring two types of fraud: traffic fraud and fraudulent activity on devices. Consequently, the services can help operators, manufacturers and vendors. As well as insurers and law enforcement agencies. Take a quick look at how.
Our latest addition is the GSMA Fraud Intelligence Service. It’s a global resource for accurate roaming and interconnect fraud intelligence, including high-risk range and SMS fraud reporting. Furthermore, operators can analyse and exchange data in real-time and in confidence.
Then there’s GSMA Device Registry. This is a global database of flagged IMEI numbers. Importantly, mobile network operators and device owners can contribute to it.
Lastly, there’s GSMA Device Check™. It’s a look-up service to see if a device is reported stolen, or has been obtained fraudulently.