Wholesale telecom carriers sign code of conduct to combat fraud

Nieuws Algemeen Wereld 8 MAY 2018
Wholesale telecom carriers sign code of conduct to combat fraud
The ITW Global Leaders’ Forum (GLF) announced that BTS, Interoute, Sprint, Tele2, Telia Carrier, Telstra, MNF Group including TNZI, and Vodafone joined 10 other carriers in an industry-led Code of Conduct to combat fraud in international telecoms. Each organisation that signs the Code of Conduct agrees to adhere to its principles and work together to limit the impact of fraud in the wholesale telecoms industry.

The Code of Conduct was launched by the GLF in partnership with i3forum in March. It was created to protect businesses of players across the global Carrier ecosystem and prevent fraudsters from profiting from criminal activity. Existing participants to the Code are A1 Telekom Austria, BICS, BT, Colt, Deutsche Telekom ICSS, Etisalat, Orange, PCCW Global, Telefonica and Turk Telekom International.

The Code of Conduct includes a commitment to monitor and report on fraudulent activity; adhering to i3forum recommended processes to detect fraud; blocking fraudulent number ranges and destinations; taking the appropriate action to stop payment flows to those who commit fraud; a commitment to share information regarding fraudulent traffic flows with carrier peers, as well as adopting standard contracting terms addressing fraudulent traffic management.

The ITW Global Leaders’ Forum and i3forum made progress in defining fraud and identifying best practices in dealing with cases of fraud. The collaboration on the Code of Conduct from players across the industry will help drive the adoption of this across the ecosystem.

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