IP Fraud Risk Lookup
IP fraud risk lookup is a key part of any successful business. Ecommerce losses due to fraud in 2023 were expected to exceed $343 billion, and bad actors continue to develop new methods of attack.
IP Fraud Risk Lookup: Identifying Fraudulent IP Addresses
IP fraud risk lookup is a powerful tool that helps businesses identify suspicious internet activity, which is often connected to malicious behavior. This allows them to make more informed decisions about whether to accept or deny a registration, login or purchase. It also helps them limit the damage to their reputation when a threat actor is using their service.
A fraud score is calculated by an IP address search engine to determine the likelihood of fraudulent activity and assign a number to it. The number is based on a combination of pre-determined factors, including the frequency and location of use, as well as the history of associated fraud reports. It also takes into account the presence of anonymity, which can indicate that the user’s location or identity is hidden.
The best IP fraud score tools are easy to use, and provide results in real time. These can be incorporated into an end-to-end fraud prevention system or used as a standalone solution, and often integrate with other data enrichment modules. They scan a public IP address for numerous factors, including its use of proxies or Tor, true country, operator and blacklists to build an actionable profile of the user. This information can then be compared to the fraud detection rules configured by the customer’s organization to determine how it should respond to suspicious activity.