cVidya Networks announced the launch of their Enterprise Fraud Package

February 21, 2012

1 Min Read

LONDON -- cVidya Networks, (www.cvidya.com) a global leader and innovative providerof Revenue Intelligence solutions for Telecom, Media and Entertainmentservice providers, announced today the launch of their Enterprise FraudPackage. The solution enables CSPs to sell fraud detection and preventionservices directly to their enterprise customers (e.g. SMEs, SOHO and largecorporations). The solution also enables the enterprise customer tomonitor its PBX activity in real-time, obtain alerts on hacking attempts,observe all traffic patterns and enable policy enforcement in order toreduce fraud and security risks. Due to the competitive environment andthe need of CSPs to create new growth engines, the fraud department hasextended its responsibilities beyond prevention and recovery areas. Now,with cVidya's new Enterprise Fraud Package, CSPs fraud departments arecapable of generating new revenue streams and create a marketingdifferentiation from their competitors.

According to IDC, there are about 200 different known types of PBX fraud.Estimates show that PBX fraud worldwide creates annual losses of $4.3Billion. Therefore, it is important that PBX owners obtain easy access andgreater visibility and controls in order to prevent fraud on theirsystems. Enterprise customers expect the CSPs fraud department to detectfraud and notify them of any situation that arises in order to minimizetheir fraud losses. With cVidya's Enterprise Fraud Package, the enterpriseis now able to monitor its own systems in real-time using a friendly,online portal offered as part of the fraud package.

"cVidya is changing the way telecom providers position their frauddepartment," said Alon Aginsky, CEO and president of cVidya. "With the newfraud package, CSPs can generate revenues from their fraud services andprovide their business customers greater value. Enterprise customers willalso gain from this by being given the ability to keep close watch overtheir businesses in real-time. This is a step in the right direction forall parties."

cVidya Networks Inc.

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