Humbug Telecom Labs Becomes Latest Member of TM Forum

Humbug Telecom Labs provider of carrier-class fraud prevention, detection and telecom analytics for any size business, today announced that it has becomes the latest member of TM Forum. TM Forum is a global industry association focused on simplifying the complexity of running a service provider’s business. As an established industry thought-leader, the Forum serves as a unifying force, enabling more than 775 companies across 195 countries to solve critical business issues through access to a wealth of knowledge, intellectual capital and standards.

“It is increasingly critical for service providers to be diligent in their approach to telecom fraud,” noted Aileen Smith of TM Forum. “Humbug Telecom Labs’ contributions to TM Forum’s collaboration work in this area are expected to play an important role in helping our community prevent and detect fraud costing our industry nearly $80 billion annually.”
Humbug Telecom Labs has begun working with multiple service providers to bundle fraud prevention detection and analytics tools directly into hosted and premise based telephone systems. Providers that care enough to provide these security measures to their customers will have a distinct advantage over competitors that leave open doors to identity theft, privacy, corporate espionage, and theft through PBX hijacking.
“Telecom fraud is causing carriers to lose 4.5% of their revenue. No business is immune. It is a daily occurrence that doesn’t discriminate by size, industry or location,” said Yaniv Rofé, CEO of Humbug Telecom Labs. “Most service providers and virtually all businesses have no idea it is happening and do little to prevent it. TM Forum can be a key resource in helping Humbug Telecom Labs spread the word.”

About Humbug Telecom Labs
Humbug Telecom Labs makes it affordable for any sized business to have carrier-class fraud prevention and detection, while providing powerful BI (business intelligence) that puts the users in command of their telecom activity. Humbug also offers free Visual Analytics so users can view all of their telecom traffic in real time, concise, readable Google Analytics type format. No PBX report even comes close. Customizable real time alerts can be configured by the user to track telecom traffic behavior and keep track of spending. Humbug is ideal for call centers, ITSPs (Internet Telephony Service Providers), organizations that sell on the phone, or any business with significant telecom expenditures. Humbug easily integrates with a host of popular open source and proprietary PBX systems.

About TM Forum:
TM Forum is a global industry association focused on simplifying the complexity of running a service provider’s business. As an established industry thought-leader, the Forum serves as a unifying force, enabling more than 775 companies across 195 countries to solve critical business issues through access to a wealth of knowledge, intellectual capital and standards.

The Forum provides a unique, fair and safe environment for the entire value-chain to collaborate on pressing industry issues, helping companies of all sizes gain a competitive edge and the flexibility and speed they need to underpin future growth.

For more information about TM Forum, visit www.tmforum.org.

Humbug Telecom Labs
Sokolov 91, Ramat Hasharon 47239, Israel
Main Phone Line: 518-249-1199
Yaniv Rofe, CEO
Email: yaniv@humbuglabs.org

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This release was published on openPR.