Cubic has been granted a patent for a system that detects fraud in international telecommunication traffic. The system includes a transactions registry, a logging module, and a fraud detection and classification module. It analyzes call data to identify anomalies and classify calls into different fraud types. GlobalData’s report on Cubic gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Cubic, Payment actuated vending was a key innovation area identified from patents. Cubic's grant share as of January 2024 was 58%. Grant share is based on the ratio of number of grants to total number of patents.
Fraud detection system for international telecommunication traffic
A newly granted patent (Publication Number: US11882236B2) introduces a system designed to detect fraud in international telecommunication traffic. The system includes a transactions registry accessible by multiple operators and carriers, a logging module to record call details, and a fraud detection and classification module. This module analyzes correlated entries from different operators to identify anomalies indicative of fraud, classifying the call based on the detected anomaly. The system utilizes blockchain technology for the distributed transactions registry, ensuring secure and transparent record-keeping.
Furthermore, the system incorporates various features such as timing information, routing details, and interface with numbering plan databases to enhance fraud detection capabilities. It can classify different types of fraud, including hijacking, charge evasion, Simbox fraud, CLI manipulation fraud, call stretching, false answer, and late disconnect fraud. Additionally, a fraudster identification module arranges entries to identify potential fraudsters in the call chain. The system also includes a notification and reporting module to transmit, store, and process fraud detection results. Overall, this patented system offers a comprehensive approach to combat fraud in international telecommunication traffic, providing operators and carriers with a robust tool to safeguard against fraudulent activities and protect the integrity of their services.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
