
Mavenir Announces Industry’s Most Advanced Network Security and Fraud Management Suite
Mavenir, focused on transforming mobile network economics for Communications Service Providers (CSPs), today announced its Network Security and Fraud Management Suite including a Fraud Management System equipped with big data analytics and advanced AI techniques such as machine learning and deep learning.
As operators continue to roll out new LTE-based services, Diameter signaling has become a new target for malicious attacks. Location tracking, interception of voice and text messages, denial of service on network and subscriber level, and other unauthorized activities are all potential use cases leading to fraudulent outcome that have occurred in the past with the SS7 protocol targeting 2G / 3G networks, and are also applicable to 4G networks, according to a recent report from the FCC’s Communications Security, Reliability and Interoperability Council (CSRIC).
Where security is compromised, fraud is inevitable. Traditional systems can no longer keep pace with the volume and velocity of criminal activity. Many existing systems can’t uncover new fraud types; they overwhelm the user with false positives or use dated rules that only uncover fraud long after it has taken place. Furthermore, the most impacting types and methods of fraud are related to subscription fraud, PBX hacking, international revenue share fraud, interconnect bypass, premium rate service.
Mavenir’s Security and Fraud Management Suite protects the network in real-time, and with predictive analytics and machine learning, the network is protected even as new vulnerabilities arise. Mavenir distinguishes between three main verticals within the fraud and security domain while providing the following corresponding solutions:
- Messaging Revenue Assurance: Protects the CSPs’ revenue leakage based on innovative bypass techniques for A2P traffic. It offers efficient real-time detection of SPAM campaigns acknowledged by CSPs around the globe.
- Network Signaling Security: Provides Signaling Firewalling solutions that implement the GSMA mitigation recommendations (FS.11 and FS.19) to detect and prevent the signaling-based attacks from happening.
- Fraud Management: A modern data approach to fight fraud in real time. As part of its Security and Fraud Management Suite, Mavenir provides the Fraud Management Solution based on Big Data approach suited to manage the volume, velocity, and variety of structured and unstructured data over wireless networks. It relies on a unique, real-time fraud analytics platform, tailored for CSPs’ most pressing needs.
The key features of Mavenir’s Network Security and Fraud Management Suite include:
- Easy-to-use / intuitive management interface for minimal response times to act on any unforeseen ongoing suspicious activity detected through sophisticated mitigation algorithms.
- Powerful correlation engine offers detection of anomalous traffic patterns through efficient traffic profiling capabilities. The machine learning mechanisms behind the correlation engine create challenging obstacles for fraudulent activities to pass through unnoticed.
- Supporting Analytics component enables CSPs to create interactive dashboards based on any required key performance indicators. The generated reports offer insights on the signaling traffic beyond security context helping the operators reveal any possible network optimizations or revise their interworking agreements.
“Malicious attacks are evolving with technology at a rapid pace and take revenue from operators. As a recent CFCA survey1 shows, global fraud levels translate into $29.2 billion global revenue loss for CSPs. Without sophisticated, adaptable, and self-learning security solutions, operators will forever be behind the technology curve with unprotected revenues,” said Pardeep Kohli, President and CEO of Mavenir. “We provide advanced cloud-native security for every type of messaging and signaling protocol used in the Telecom environment with anti-spam, anti-fraud solutions and firewall products.”
Mavenir’s cloud-native Security Suite includes Messaging (SMS, MMS, and RCS) Spam and Fraud control, Equipment Identity Register (EIR), Signaling Firewall (Diameter, SIP, SS7 and GTP), Session Border Controller (vSBC) and Mobile Edge Gateway (including ePDG, SeGW, and HeNB-GW) enabling operators to understand, monitor, enforce and maintain network security. The security suite fully covers protection of the core mobile network including the messaging revenue of modern CSPs.
Mavenir’s AI Center of Excellence is based in Brno, Czech Republic.
Visit Mavenir at 5G World in London from June 12th – 14th, 2018.
About Mavenir:
Mavenir is purpose-built to redefine mobile network economics for Communication Service Providers (CSPs). Our innovative solutions pave the way to 5G with 100% software-based, end-to-end, Cloud Native network solutions. Leveraging industry-leading firsts in VoLTE, VoWiFi, Advanced Messaging (RCS), Multi-ID, vEPC and Cloud RAN, Mavenir accelerates network transformation for more than 250+ CSP customers in over 130 countries, serving over 50% of the world’s subscribers.
We embrace disruptive, innovative technology architectures and business models that drive service agility, flexibility, and velocity. With solutions that propel NFV evolution to achieve web-scale economics, Mavenir offers solutions to help CSPs with cost reduction, revenue generation and revenue protection. Learn more at mavenir.com.
Mavenir, the M logo, and Cloud Range are trademarks owned by Mavenir Systems, Inc. |
Copyright © 2017 Mavenir Systems, Inc. All Rights Reserved. |
|
||
1 | CFCA Global Fraud Loss Survey for 2017 |
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180611005638/en/
Contact information
Mavenir
Maryvonne Tubb
PR@mavenir.com
or
MatterNow
Lydia
Fakhouri
mavenir@matternow.com
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo