Mobile Phone Fraud

eyeDES Customized Solutions for Mobile Phone Fraud Management

There has been a rise in the number of mobile phone accounts being cloned or taken over by criminals, figures show. After obtaining personal details by theft or deception, the fraudsters can add additional handsets to accounts and use them to run up large bills.

The way one uses his/her mobile phone could help to track potential thieves. IDES Technologies introduces eyeDES, a next-generation technology to deploy mobile phone fraud management solutions which analyze the pattern of mobile phone users and track the fraud cases. eyeDES solutions  are based on highly advanced artificial intelligence methods to monitor the mobile phone usage and detect suspicious usages.

 
 
  • "Every great and deep difficulty bears in itself its own solution. It forces us to change our thinking in order to find it."

    Niels Bohr

Latest Headlines

  • Reducing Losses from Reseller Fraud: A Merchants Perspective

    Online criminals have gone through a dramatic process improvement that’s hitting online merchants and direct marketers hard with a new level of reseller fraud and affiliate fraud.

    Online merchants offering affiliate programs, reseller programs and multi-payment trials are undergoing significant fraud increases resulting in higher charge backs, penalties and losses related to shipped-goods.

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  • Fraud - including scams, online theft, insurance cheats and tax fraud - costs the UK £30bn a year, according to an official estimate.

    The National Fraud Authority (NFA) has calculated the figure for the first time and said it equated to £621 per adult in the UK.

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Technology

  • Techniques used for fraud detection fall into two primary classes: statistical techniques and artificial intelligence (Palshikar 2002). Examples of statistical data analysis techniques are:

    • Data preprocessing techniques for detection, validation, error correction, and filling up of missing or incorrect data.

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