The awards recognize organizations that have ‘made outstanding contributions to their industry and are positioned to make a significant impact in the future.’ The Security & Fraud Innovation category marks the leading players in the network security and anti-fraud space.

The solution to win the award, BICS’ FraudGuard platform, is the first-of-its-kind international fraud prevention service, leveraging an extensive network of over 900 service providers. FraudGuard uses a crowdsourcing model to automatically analyze the global traffic of BICS’worldwide network, providing 24/7 protection from these attacks and detecting fraudulent activity before it can impact customers.

BICS is compliant with the GLF Code of Conduct for 2023, with a total score of 20.6, an equivalent to 98%.

The GLF Code of Conduct was established to stop fraudulent activities within the global telecommunications sector. The comprehensive compliance procedure and its outcomes are thoroughly documented in the GLF’s annual report, which provides an overview of the current state of fraud within the international telecom industry.

Previous recognitions

Compliant
Code of Conduct Against Fraud in Telecommunications, 2022

Compliant
Code of Conduct Against Fraud in Telecommunications, 2021

BICS was recognized in Kaleido Intelligence’s Roaming Vendor Hub for our fraud management and security. We were assessed according to our strengths and weaknesses, our unique market position, problem-solving capabilities, innovation leadership and how we are positioned to meet MNO/ MVNO needs and requirements.

BICS was recognized as a top 4 leader in Rocco’s strategic analysis into the main providers in the signaling firewall market. The report includes a detailed analysis based on 30 leadership and performance KPIs defined by MNOs.