Tollring Scam Protect Hangs Up on Fraudulent Calls
Scam Protect solution automatically monitors calls to help eliminate scams
The rise of robocalling, scam calls and fraudulent voice calling has resulted in users losing faith in voice communications. The situation has got so bad that people routinely don’t answer a ringing phone to the extent that legitimate organisations such as insurers, banks and healthcare providers find it hard to connect with customers, even though they would welcome the call. Governments across the world have put legislation in place to combat this activity but the loss of trust in voice communication is now deep-seated and requires sustained activity to rebuild.
“It is madness that scam calling is happening at this scale but it’s good to see the industry trying to do something about it with respect to some of the standards and regulations that are being introduced,” says Tony Martino, the Chief Executive Officer of Tollring. “However, do not make the mistake of thinking the challenges have been addressed. The sophistication around voice-based fraud is intense and there are highly professional organisations behind much of it.”
Technical advances are being harnessed to help eliminate scam calls and by applying artificial intelligence (AI) and machine learning (ML) to carriers’ traffic data, it is possible to identify various scams. These tools are augmented by growing awareness of the problem which has resulted in organisations prioritising solutions that offer some level of protection. However, solutions must go beyond simple identification of scam calls and give service providers the ability to report on irregularities, download critical data and prevent future recurrences.
One example of regulation that is attacking scam calling is the Reducing Scam Calls Code introduced in Australia in December 2020. In Australia in 2020, A$48 million was lost to scam calls, with scam calls accounting for 48% of all scams reported. To fight back and to better protect their customers, local carrier Vocus has adopted Tollring’s new Scam Protect solution across its entire network.
Scam Protect works by automatically monitoring millions of daily calls across a carrier’s network and presents analytics on alerts and type of potential scam calls that come into the network. Identification of potential scam calls enables the telco to understand scam calling profiles and take appropriate action. By providing this visibility, Scam Protect assists carriers in complying with regulations and enables them to have the information to enable the necessary collaboration across the industry to reduce scam calls.
“Scam Protect is focused on building appropriate algorithms to ensure call legitimacy,” explains Martino. “You might see patterns of activity such as very short duration calls or calls that are outside of known CLI numbering. If the caller ID doesn’t look right there is typically something suspicious going on and the call is likely to be a scam.”
“The next step is to take all the information and knowledge of indicators of scams and bring it all together so future scams can be blocked or customers alerted,” he adds. “There are now very sophisticated services we can offer to mitigate scams and perform call blocking or call diverting to allow the information to be presented in real-time. The fight back against scam calls has already started and there is an opportunity to rebuild faith in voice by using tools such as Scam Protect to ensure the legitimacy of calls.”
As the benefits of fighting against scam calls start to be realised by service providers, their partners and their end customers, service providers are increasingly looking to protect their network from all types of toll fraud.
“It is great that regulators are clamping down on scam calls, but toll fraud is even bigger than scam calling alone. Carriers now have access to solutions that can monitor behavioural patterns in voice traffic, trigger alerts, and terminate live calls in progress automatically. Machine learning ensures that dial plans are updated to an at-site level, allowing effective protection for all shapes and sizes of end customer. We have the technology, and it’s time for service providers to get serious about protecting their network, their channel and their reputation.”
This article was originally published by UC Today