Fraud Prevention - Minimizing False Positives Maximizing Online Profitability

My Top 3

This blog will focus on fraud detection and prevention for the most prevalent types of online businesses, eCommerce & banking but not be limited to these for sake of discussion.

I encourage readers to contribute their experiences and horror stories in hopes of creating a free forum of what not to do and to learn from the lessons of the past while looking forward to the probable and possible schemes of the future and the best defenses.

Additional information on the most common types of fraud and ways to prevent being stung is the focus of my recent white paper Maximum Security Online: Best Practices for Designing the Ultimate Online Security Strategy available at:

To kick it off, how about we start talking about the notion of trying to have machine intelligence run all of the risk management tasks?

Points to consider - the fact that the crooks use both machine AND human intelligence, and that anti-virus and anti-spam software is still not blocking all the bad traffic.

I look forward to your replies.