An IP fraud detection and scoring API helps businesses identify suspicious users before they commit online transactions or engage in malicious behavior. The service takes a variety of risk factors, including the location of an IP address and whether it is residential or commercial in origin, and adds them up to create a score. Based on this score, the system may then decide to allow or deny website access.
IP Fraud Detection and Scoring API: Protect Your Platform in Real Time
Some of the most common IP fraud detection methods are detecting whether users are using VPNs and proxies to hide their identity, identifying whether they are visiting from a public IP address such as one used in a cafe or coworking space, flagging frequent IP changes indicating bot traffic or compromised residential addresses, or comparing an IP against a blacklist to identify known bad actors. By doing so, they can help prevent both financial losses and reputational damage from the impact of cyberattacks and phishing scams.
The best fraud prevention software will use multiple techniques to detect threats and provide users with the highest level of protection. For example, SEON offers machine learning-driven recommendations based on historical data, bulk checks with response times under 200 ms for enterprises managing high traffic volumes, and a fraud score IP that provides additional insight into the risk associated with an individual. This includes information about an IP geolocation, ISP, spam lists, and open ports. In addition, the platform uses a range of algorithms to detect and mitigate fraudulent activities such as bots, spoofing, malware distribution, and DDoS attacks.