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Additional Info

Company (that provides the nominated product / solution / service)Oculeus
Websitehttps://oculeus-protect.com/
Company size (employees)10 to 49
Type of solutionService

In 3 bullets, summarize why this product or service is different from the competition and deserves recognition:

* AI-Driven Telecoms Fraud Protection – the expanded AI-driven telecoms fraud protection capabilities in Oculeus-Protect allow the service to respond rapidly to changes in expected communications activities and quickly analyze exceptions based on self-learned understanding of previous instances of fraud. These AI capabilities enable Oculeus-Protect to understand and act against telecoms fraud within milliseconds, significantly reducing the risks of financial damage to the enterprise.

* Antivirus Approach – Oculeus-Protect operates in a similar capacity to an antivirus software running on a PC or laptop in that it is able to stop telecoms fraud before it can cause any harm. The Oculeus-Protect service runs in the background with no noticeable impact on the speed or quality of an enterprise’s voice communications.

* Win Win PBX Protection – telcos and similar communications service providers worldwide are partnering with Oculeus to offer their enterprise customers a value-added service (VAS) for PBX fraud protection based on Oculeus-Protect. Enterprises benefit from Oculeus-Protect by reducing their exposure to the financial damages of PBX fraud and toll fraud, while telcos leverage Oculeus-Protect to improve their overall telecoms fraud management efforts.

Overview

Oculeus-Protect is a real-time, Cloud-based service for protecting enterprises against telecoms fraud on their telephony systems and communications networks. The Oculeus-Protect service provides an intelligent and automated framework to efficiently prevent false charges resulting from unauthorized usage of enterprise telecommunication channels.

Oculeus-Protect is designed to prevent PBX hacking and toll fraud, which are the two of the most damaging forms of telecoms fraud. PBX hacking and toll fraud involve cybercriminals injecting expensive telecommunications traffic, often to remote destinations, into the telephony systems of enterprises. To execute a toll fraud attack, a cybercriminal only needs the communication credentials of a PBX system, which are available in every call.

The technology behind the Oculeus-Protect service leverages anomaly detection and AI techniques to monitor the signaling of voice-based communications on enterprise PBX systems. Suspicious traffic is immediately understood by Oculeus-Protect and if confirmed to be fraudulent or unauthorized is blocked instantly.

Oculeus-Protect applies AI to learn the profile of regular communications traffic of an enterprise and monitors for exceptions to an expected baseline of network activity. The output of these AI-driven capabilities is that Oculeus-Protect can investigate and determine if suspicious traffic should be blocked within milliseconds.

The analyst firm Technology Research Institute estimates this telecoms fraud over enterprise PBX systems is causing approximately $8 billion in financial damage each year to business worldwide.

The Oculeus-Protect service is completely independent of an enterprise’s telecommunications service provider and its telecoms fraud prevention efforts.

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