Oak Telecom to Combat Fraud

Oak Telecom has announced a new Telephone Fraud module for their popular aiOffice call logging application which will automatically alert users to instances of fraud or attempted fraudulent use of the company telephone network.

Telephone fraud is estimated to cost UK business hundreds of thousands of pounds each year and with many experts predicting a significant rise in the threat to profitability during the coming year.

Using the new Telephone Fraud module aiOffice identifies the more obvious examples of mis-use of the company telephone system such as calls made outside office hours and during national Bank Holidays, unauthorised international calls, premium rate or other expensive calls, and calls exceeding defined time limits.

Phillip Reynolds, Joint CEO Oak Telecom adds, “Telephone Fraud is potentially a big problem for business who in most cases will not know that mis-use of their telephone network has occurred until after they receive a bill from their carrier. Despite the overall lowering of call costs in recent years hackers today are more sophisticated and determined which is why Oak Telecom’s aiOffice also examines the less obvious potential fraudulent calling patterns such as use of the telephone system maintenance ports, trunk to trunk calls and calls diverted to mobiles. The latter example can of course be very expensive to affected companies.”

In cases where aiOffice identifies fraud the application will automatically send notification to the company management by a number of user definable means such as SMS and email with both visual and audible warnings. The notification warnings are sent immediately so that costs associated with the fraud are not allowed to escalate. Normally, staff from a firm’s IT department would receive the alerts and address any issues arising.

Phillip Reynolds comments “Oak Telecom constantly invests in enhancing our existing products to offer ever better value and increased opportunities for our resellers. Coming on top of our recently announced ‘Back to Agent Reporting’ Telephone fraud is yet another innovative value added feature for the UK’s leading call logging system, aiOffice”.