Stratecast publishes Jeff Cotrupe’s latest Stratecast Perspectives & Insights for Executives (SPIE) report
Stratecast has published Jeff Cotrupe’s latest research report, Using Big Data to Put a Big Hurt on Communications Fraud. The opening section of the report introduces the topic this way:
As the use of smart devices proliferates around the globe, communications service providers (CSPs) are dining on huge new revenue opportunities—and an equal helping of financial risk. The Communications Fraud Control Association (CFCA)* …defines it as the use of telecommunications products or services without intention to pay. Committing communications fraud is serious business, and to borrow a phrase from a major motion picture, “business is a-booming.”** The CFCA’s most recent figures indicate that communications fraud represents an $18.4 billion risk.
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