Leading provider of telecommunications innovations, Oculeus, recently announced the development of their new product, Oculeus-Protect - a real-time fraud protection service for enterprise companies. The Oculeus-Protect solution is a cloud-based system that protects enterprise PBXs from fraud and hacking risks, using the latest in security technology.
Over the last year alone, Telecoms fraud was responsible for up to $29.2 billion in damages, highlighting the need for better protection among contact centres and businesses. According to the CEO of Oculeus, Arnd Baranowski, there's a serious demand for new fraud protection solutions in the telecoms environment, particularly as the burden of paying for false charges in fraudulent events usually falls upon the enterprise.
How Does Oculeus-Protect Work?
Oculeus-Protect aims to offer companies a real-time insight into their security, using an automated and intelligent framework. The system prevents false charges made by cybercriminals and fraudsters by assessing important details during a conversation. According to Oculeus, the solution is capable of blocking fraudulent traffic in the telecoms network within "milliseconds," and it works independently of the rest of the telecommunications stack.
Running from regional cloud environments, Oculeus is available throughout South America, North America, and Europe, though there are plans to roll out into additional locations in January 2019. Oculeus-Protect is highly accessible thanks to a straightforward registration process, where the enterprise PBX system is configured so that signalling flows in calls can be consistently monitored.
