LANCK Telecom Supports the Anti-Fraud Code of Conduct by GLF

The ITW Global Leaders’ Forum (GLF) in collaboration with the i3forum has released an anti-fraud Code of Conduct for the telecommunications industry. The document manifests the main principles of monitoring and reducing fraudulent activities and traffic flows.

LANCK Telecom fully supports the proposed initiative and joins the commitment to reduce fraud in the international wholesale market. We are much concerned with the issue since fraud costs the industry as much as $17 billion annually. Thus, we see it as our mission to take all appropriate measures to prevent and report fraudulent traffic and payments as soon as technically and commercially feasible.

The Code of Conduct has been already signed by the major industry leaders. It can be downloaded from the ITW website.