NetEye Corp. Now Shipping Version 2.0 of HawkEye NextGen Fraud & Security Management Solution For IP and Next Generation Networks

WOODBURY, N.Y. and ORLANDO, Fla., June 25 /PRNewswire/ — Billing World 2001 – Booth 731 – Today at Billing World, NetEye Corp. announced that it is now shipping version 2.0 of its HawkEye NextGen Fraud & Security Management solution, a comprehensive fraud and security management solution for IP & Next Generation Networks. First introduced in June of 2000, HawkEye NextGen Fraud is part of the HawkEye NextGen Product suite — a modular and flexible suite of carrier-grade business and management solutions for IP & Next Generation Networks. These networks transmit both voice and multi-service data over a packet-based network.

Stated Michael Allen, senior analyst, operations support systems with Aberdeen Group, “NetEye continues to increase the capacity of its Next Gen fraud capability to match the coming wave of Next Gen technologies. With the introduction of additional features, NetEye continues to show carefully nuanced understanding of IP fraud. Features such as new alerts and case management capabilities, enhanced artificial intelligence, and libraries of security rules make NetEye a robust solution to the daunting issues involving security and fraud. There are few, if any, products that can match NetEye’s capabilities.”

HawkEye NextGen Fraud Management Application Highlights

— Multi-vendor, multi-technology industry standards infrastructure

— Flexible fraud rules definition

— Event-based fraud analysis

— Profile-based fraud analysis

— Independent of hacking method

— Carrier-grade reliability, maintainability and scalability

— Online correlation and processing of information from multiple sources

— Multi-tier distributed architecture

— Enhanced friendly user interface

— Predefined and user defined rules implementation

— Historical data and reports

— Web enabled application

— Centralized application management and support through a user-friendly interface

The enhancements introduced in version 2.0 include the following:

— Enhanced AI (artificial intelligence) definition-environment enabling non-technical fraud managers to create and modify highly sophisticated analysis schemes.

— Libraries of configurable AI fraud and security rules based on NetEye extensive knowledge base.

— Intuitive user tools for powerful investigation of IP & NextGen fraud cases and security breaches.

— Versatile reporting features.

Management Tools Provide Advance Fraud Analysis Tools and Expert System Technology

NetEye’s HawkEye NextGen Fraud version 2.0 introduces the “HawkEye NextGen Alerts and Case Management” providing intuitive user tools for powerful investigation of IP & NextGen fraud cases and security breaches. Workflows have been specifically designed to provide fraud analysts with maximum flexibility during the investigation process. Versatile reporting features enable different parts of the organization to access valuable information according to the specific needs and expectations.

The HawkEye NextGen Fraud V2.0 is supplied with an enhanced AI definition- environment enabling non-technical fraud managers to create and modify the highly sophisticated analysis schemes through configuration in graphical user interface using templates and plain English instead of complex system-level language. Finally, additional libraries of AI fraud and security rules have been made available based on NetEye extensive research base in NextGen fraud scams and security breaches.

Version 2.0 enhances the system’s capabilities in introducing on-the-fly solution for the evolving needs of the fraud analysts and managers, significantly improving the detection capabilities, rules definition and management and reporting capabilities making the HawkEye NextGen solution the leading one of its kind in the world today.

About the HawkEye NextGen Family of Applications HawkEye NextGen offers: advanced real-time, carrier-grade management tools that allow the optimization of network performance, the realistic reduction of operating and purchasing costs, increased revenues, the performance of marketing analysis, and fraud control.

About NetEye

NetEye Corp. is a leading provider of real-time Fraud & Security Management and Mediation Solutions for IP & Next Generation Networks. A subsidiary of Telrad Networks, Neteye has developed the HawkEye NextGen solution — a modular and flexible suite of carrier-grade business and management solutions for IP & Next Generation Networks.

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