WeDo Technologies Publishes Best Practice for M2M Fraud Protection and Security

READING, England and LISBON, Portugal, July 28, 2011 -

New Whitepaper Examines New Risks of M2M Communications for Operator Revenues and Customer Security

WeDo Technologies, a leader in business and revenue assurance solutions, today announced the launch of its latest whitepaper. ‘Embedded Mobile (M2M) - Telecoms Fraud & Security Management’ focuses on the risks M2M services can cause operators in terms of fraud and revenue assurance and how they can effectively deal with these problems.

Created by Praesidium Consulting, WeDo Tecnologies’ business consulting division, the whitepaper considers the rise of M2M devices and services across a number of vertical sectors and the risks that they create for Communication Service Providers’ (CSPs) businesses. From the greater complexity introduced by third party partners to new data protection issues and the new operational procedures required, the whitepaper goes on to outline a number of risk management and defence strategies that CSPs can adopt to counter the threats involved.

“M2M is an exciting technology that offers a host of benefits and additional revenue streams to operators,” said Simon Collins, WeDo Technologies’ Vice President for business consulting division, Praesidium. “However, as with many new technologies, it also brings with it a number of threats to both consumer security and revenue assurance. When planning for and launching M2M strategies, operators must defend themselves and their customers against these fraud risks in order to protect their brand reputation and business for the long term.”

The whitepaper, available to download from www.wedotechnologies.com/M2M-FraudProtection, is the accumulation of WeDo Technologies’ expertise and knowledge as leaders in the fraud management and revenue assurance space. It is the first in a new series of whitepapers aimed to educate CSPs on the fraud and revenue assurance problems that can occur when launching services based on new technologies and the management strategies required to protect against them.

About WeDo Technologies

WeDo Technologies is a worldwide leader in revenue and business assurance, providing software and expert consultancy, to intelligently analyse large quantities of data from across an organisation - helping to negate or minimise operational or business inefficiencies and allowing businesses to achieve significant return on investment via revenue protection and cost savings.

WeDo Technologies works with some of the world’s leading blue chip companies from the retail, energy and finance industries, as well as more than 100 telecommunications operators from almost 80 countries, through 400 highly-skilled professionals.

WeDo Technologies is owned by the largest non financial Portuguese group - Sonae Group with more than 40.000 employees in 29 countries.

Contact details: For Wedo Technologies: Elizabeth Chadwick or Jen Hibberd, Tel: +44-20-7751-4444, Fax: +44-20-7751-4440, wedo at miliberty.com