The global provider of telecommunications management systems Oculeus has launched a new cloud-based telecoms fraud protection service for enterprises to prevent PBX hacking and toll fraud.
Oculeus traditionally provides OSS/BSS systems for telcos and mobile operators to manage their business and network operations. The company’s product portfolio includes an antifraud management system for communications service providers.
The launch of this new service, called Oculeus-Protect, represents the company’s first offering for enterprise customers.
According to a press release from the company, the Oculeus-Protect service gives enterprises an automated framework to prevent false charges resulting from unauthorized usage of enterprise telecommunication channels by cybercriminals and other perpetrators of telecom fraud.
“There is a clear and definite need for our new telecoms fraud protection service,” stated Arnd Baranowski, CEO of Oculeus. “In many places, the burden of proving and even paying for the false charges resulting from telecoms fraud are on the enterprise and relying solely on the telco for protection is not sufficient.”
Oculeus’ new telecoms fraud protection service runs from regional Cloud environments launched by the company.
The service designed to stop fraudulent telecommunications traffic within milliseconds and to be independent of an enterprise’s telecommunications service provider.
During the service registration process, users are required to configure their PBX systems so that the signaling flows can be monitored by the service.
The technology behind Oculeus’ service provides protection by profiling an enterprise’s communications network and building a baseline of expected telecommunications activities. The technology then continuously monitors a communications network for traffic anomalies and other patterns that are typical of telecoms fraud. Any suspicious traffic is immediately sent to a fraud detection engine, which is also located in Oculeus’ Cloud environment, and if confirmed to be fraudulent, is blocked instantly.
“Defense-in-depth is a wise practice considering today’s threat-rich digital world. In countries like the US, the enterprise is actually financially responsible when fraudsters highjack your PBX and dial up a $40,000 bill over a weekend,” said Dan Baker, Director of Technology Research Institute, a market research firm that follows the fraud control software market. “In a simple and transparent way to achieve defense-in-depth, the new Oculeus service provides very affordable insurance at the same annual cost of protecting two PCs with antivirus software.”
Enterprises registering for this service will also have online access to an individual portal illustrating the state of the telecoms fraud protection activities as well as a range of reports detailing the enterprise’s voice communications activities.
Oculeus is offering this new service based on a monthly fee and is priced according the number of PBX devices that are protected.