MACH (News - Alert), a provider of hub-based mobile communications exchange solutions, has recently introduced its M2M Revenue Protection Solution.
The newly launched solution helps M2M service providers protect against fraudulent threats, including SIM cloning, call selling and Denial of Service attacks. It also helps them reduce losses caused by human error.
Officials said that as the M2M market matures, the potential impact of fraud is becoming clear.
MACH's M2M Revenue Protection Solution reduces the impact of fraud to an absolute minimum and helps M2M service providers to protect revenues and ensure services are correctly billed for.
In a press release, Joseph George, Director Product Management, Fraud & Revenue Assurance, MACH, said, “M2M devices are generally located in exposed locations, susceptible to SIM card theft, while host machines can be targeted by hackers going through individual devices. Simple human error is also an issue and can lead to services not being billed properly. Such issues can lead to significant revenue losses for M2M operators.”
“By employing MACH's M2M Revenue Protection solution, however, service providers can rest assured that our multi-level protection will immediately spot any suspicious SIM activity and take action to block the SIM. MACH also has the expertise to analyze revenue flows to ensure that all services are being billed correctly and that no fraudulent provisioning has taken place. Combined, these services stand to enable considerable savings for our customers."
Company officials said that MACH's M2M Revenue Protection Solution protects service providers by mapping IMSIs to machine ID numbers. The service providers, with the help of the solution are also provided with an alert or SIM block when a mismatch occurs.
Meanwhile, the geographical and time checks on call patterns prevent the SIMs from moving beyond preset locations and thus help to prevent fraud brought about through SIM theft.
In related news, TELE Greenland is using MACH’s Roaming Implementation Service to rapidly build and expand its roaming business.
Deepika Mala is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.Edited by
Rich Steeves