Online fraud detection is a term used to describe the process of monitoring, identifying, and preventing fraudulent activity on a website. It typically involves technologies such as web analytics, server logs and network traffic analysis, in order to prevent potential illegal activities. ProofID is a unique identifier that links your identity to your documents.
Online fraud detection is the process of identifying, preventing, and detecting online scams. There are many different types of online fraud, but some of the most common are phishing, spoofing, and identity theft. Phishing is when someone sends you a fraudulent email in an attempt to get your personal information.
Spoofing is when someone creates a fake website or social media account to deceive you into thinking it's legitimate. Identity theft occurs when someone takes your personally identifiable information (like your name, address, and credit card number) and uses it to commit fraud or other crimes. Online fraud detection tools can help you identify these threats before they happen and protect yourself from them.
Online fraud detection tools can include:
Browser add-ons that monitor for malicious websites and URLs;
Email filtering options that block emails containing phishing attempts or links to spoofed websites;
Social media monitoring tools that look for suspicious posts or accounts;
Password managers that keep track of all your passwords and help you create unique, hard-to- guess passwords; and
Anti-virus software that scans your computer for malicious software.
Cybersecurity is a hot topic these days as more and more businesses adopt online platforms for their operations. Cybercrime has become rampant, with criminals stealing personal information, raiding bank accounts and even launching cyberattacks against critical infrastructure.
