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SIM Box bypass is an old fraud problem that refuses to go away. In 2013 the CFCA estimated the telecom loss through bypass to be about $2 billion a year. Other reports claim losses of $3 billion to $5 billion per year.
In fact, operators in some countries affected by SIM box fraud will privately tell you that their international inbound traffic has decreased by as much as 50% in recent years! Plus these same operators have invested heavily in anti-fraud campaigns — and they actually do detect and block fairly large volumes of SIM boxes on a daily basis.
Well, the unmistakable conclusion is that the fraudsters are succeeding despite the anti-fraud efforts of the carriers. They are replacing the blocked SIM cards with fresh supplies of SIMs and continue their bypass.
So how are the SIM boxers evading the defenses and what steps can your organization take to cure the problem?
Answering those questions is the subject of a new TRI white paper I wrote based on detailed conversations with LATRO Services and other fraud management experts.
Click the image above to download the paper.
The paper explains how the SIM box threat is changing, how fraudsters are getting around current defenses, and what technologies and anti-fraud strategies are likely to be the most effective. Key issues discussed include:
Researching this new SIM Server issue and the challenges it raises for traditional anti-fraud solutions was a real eye-opener for me. This 7-page paper will get you up-to-speed on a fraud problem that’s likely to get much worse till the new threat is fully understood and carriers improve their SIM box defenses.
P.S. One feature of the paper I think you’ll especially like is the explanatory diagram on page 5 entitled, The Battle to Stop International Bypass: Why the Fraudsters are Winning. The diagram summarizes the major anti-fraud techniques and fraudster counter-measures. Enjoy reading.
Copyright 2015 Black Swan Telecom Journal