Telecom Fraud Experienced, well-trained staff, access to current fraud data, and a powerful fraud management system are important tools in the fraud prevention arsenal. However, unless the fraud management process is built on a foundation of common sense principles, these resources may not be enough to protect networks. A Profile Identity fraud and wireless cloning fraud operations are often very similar. The distinctions are in the technique used. Identity brokers counterfeit valid identities.
Identity fraud threatens to be the preferred wireless fraud of the new millennium.
A likely scenario is the blending of cloning fraud and identity fraud operations. Local conditions are key. Due to anti-clone technology, the migration of cloning fraud will most likely be to identity fraud. Not surprisingly, the use of stolen credit or debit cards to acquire equipment and service is on the increase. We accept credit or debit cards to order telephones, prepaid services, or pay metered billing because it is convenient for our customers.