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.
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|
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
Bridgestone Europe To Acquire TomTom Telematics For €910 Million Cash Consideration22.1.2019 09:58 | Tiedote
Bridgestone Europe NV/SA (“Bridgestone”), a subsidiary of Bridgestone Corporation in EMEA, has entered into an agreement with TomTom to acquire its telematics business, for a cash consideration of €910 million. The transaction will bring together the world’s largest tyre and rubber company with the number one provider of digital fleet solutions in Europe, creating a leading data platform for connected vehicles. TomTom Telematics will accelerate Bridgestone on its journey to becoming a mobility solutions leader in the region, and the combination of both companies’ offerings will allow Bridgestone to cross-sell tyres and solutions to a larger customer base. Furthermore, the data access will enhance Bridgestone’s virtual tyre development and testing as well as connected tyre innovation benefiting all customers including OEMs. New social, economic and technological megatrends are pushing the pace of change in the automotive industry and the future of vehicles is connected, autonomous, shar
GA Telesis Board Appoints Norman Liu as an Independent Director22.1.2019 09:00 | Tiedote
GA Telesis, LLC, a leading global commercial aviation integrated services provider, announces that its Board of Directors will appoint Norman C.T. Liu as an Independent Board Member effective February 1, 2019. Norm brings over 35 years of experience in aviation financing, infrastructure investing and investment banking. He is the former Chairman, President and CEO of GE Capital Aviation Services (“GECAS"), a world leader in commercial aircraft leasing and financing. He retired from GE at the end of 2016 after 30 years of service and is currently a senior advisor to various companies in the infrastructure and aviation sectors. He was an Advanced Leadership Fellow at Harvard in 2017 and also serves as an Adjunct Professor at University College Dublin in Ireland. He received his bachelor’s degree from Yale University and his MBA from Harvard Business School. “We are pleased that Norm will be joining our Board to participate in the explosive growth of our franchise,” said Abdol Moabery, Pr
Ferring, Rebiotix and Karolinska Institutet Extend Collaboration to Research Next Generation of Microbiome Treatments22.1.2019 09:00 | Tiedote
Ferring Pharmaceuticals and Karolinska Institutet announced today a five-year extension of their collaboration to explore the potential of the human microbiome in reproductive medicine and women’s health and gastroenterology. The collaboration brings together specialist expertise from Karolinska Institutet in early stage research, Rebiotix Inc. (acquired by Ferring in 2018), a late-stage clinical microbiome company, and Ferring’s therapeutic area and commercialisation capabilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190121005428/en/ The extension includes six reproductive health clinical studies of approximately 6,000 women and babies and four gastroenterology studies of approximately 3,000 adults and children, to further investigate the role of the microbiome in areas of high unmet need including recurrent pregnancy loss, preterm birth and inflammatory bowel disease. “The extension of this partnership presents a
Updated Analysis of Pivotal Study Reveals: Proactive, High Dosage of Venofer® Significantly Reduces Risk of Death or Major Cardiovascular Events in Haemodialysis Patients22.1.2019 09:00 | Tiedote
Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190121005426/en/ Further to the announcement on 29 October 2018, Vifor Pharma provides an update to the results of the Proactive IV irOn Therapy in haemodiALysis patients (PIVOTAL) trial. This update was necessitated by identification of a programming error in the original analysis by the investigators. The re-analysis of the data revealed a statistically significant improvement in the treatment effects of a higher dose of Venofer® (i.v. iron sucrose) compared with a lower dose. These results supersede those presented at the High-Impact Clinical Trial session at ASN Kidney Week 2018 and published on The New England Journal of Medicine website, NEJM.org, on 26 October 2018. The updated results can be viewed on: www.NEJM.org (DOI: 10.1056/NEJMoa1810742). In the updated results, the primary endpoint ‒ which was the composite of nonfatal myocardial infarction, nonfa
Logitech Delivers Record Q3 Sales, Raises Full-Year Profit Outlook22.1.2019 05:00 | Tiedote
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the third quarter of Fiscal Year 2019. Q3 sales were $864 million, up 6 percent in US dollars and 8 percent in constant currency, compared to Q3 of the prior year. Q3 GAAP operating income reached $123 million, compared to $100 million in the same quarter a year ago. Q3 GAAP earnings per share (EPS) grew 40 percent to $0.67, compared to $0.48 in the same quarter a year ago. Q3 non-GAAP operating income grew 22 percent to $143 million, compared to $117 million in the same quarter a year ago. Q3 non-GAAP EPS grew 22 percent to $0.79, compared to $0.65 in the same quarter a year ago. Year-to-date cash flow from operations was $273 million, compared to $256 million in the same period a year ago. “We delivered record sales and profits in our biggest quarter of the year,” said Bracken Darrell, Logitech president and chief executive officer. “Our innovative, diverse portfolio drove double-digit growth acro
IFF Named to CDP’s A List for Climate Change and Water Security, Confirming Global Leadership for Sustainability22.1.2019 03:05 | Tiedote
Regulatory News: International Flavors & Fragrances Inc. (NYSE: IFF) (Euronext Paris: IFF) (TASE: IFF), was recognized on CDP’s A List for Climate Change for the fourth consecutive year and received an “A” for Water Security for the first time, naming IFF a global leader in environmental responsibility. CDP, an international not-for-profit, assesses companies on the comprehensiveness of their disclosure, their awareness and management of environmental risks and their demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. “We are delighted to be among an elite group of companies committed to environmental action,” said Andreas Fibig, IFF Chairman and CEO. “Inclusion in CDP’s A List for Water Security reflects the tremendous effort put into developing our next generation of environmental goals, EcoEffective+.” Mr. Fibig continued, “The recognition by CDP confirms that we are on the right path.” In 2018, the Company esta
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme