Financial Crime World

Fraud Detection and Prevention Software in Guinea

Guinea’s telecommunications industry has been grappling with the growing menace of international telecoms fraud, which has resulted in significant financial losses for businesses and individuals alike. To combat this issue, it is essential to stay ahead of malicious activities by utilizing cutting-edge fraud detection and prevention software.

Effective Solutions

One of the most effective solutions available is BICS’ fraud prevention and security services, which leverage the world’s largest threat intelligence database and machine learning algorithms to detect and prevent fraudulent activities. With over 850 million fraud attacks proactively blocked and €2.1 billion saved for customers, BICS has established itself as a leader in this field.

Turnkey Solutions

BICS offers a range of solutions to safeguard Guinea’s telecommunications industry, including:

  • SMS Fraud Prevention: Detects and blocks malicious messages, resulting in a 60% decrease in SMS attack volume for customers in 2022.
  • Voice Fraud Prevention: Sees significant success with customers experiencing a 94% month-on-month decrease in automated call activity.
  • Roaming Fraud Detection: Quickly detects and prevents fraudulent roaming activities, reducing the fraud run-time by up to 90-95%.
  • Signaling Security: Provides comprehensive security for signaling protocols, ensuring that communication networks are secure and protected from fraudulent activities.

Advanced Threat Intelligence

In addition to these solutions, BICS offers advanced threat intelligence, specialist knowledge, and comprehensive reporting and support to ensure that Guinea’s telecommunications industry is fully protected from fraudulent activities. With BICS’ fraud detection and prevention software, businesses and individuals can rest assured that their communications are secure and protected from the ever-evolving threats of international telecoms fraud.

Get in Touch

To learn more about how BICS can help protect Guinea’s telecommunications industry from fraud, please contact an expert today.