APRIL 20234Is suspecting FRAUD difficult or impossible?If adapted and done correctly FRAUD can definitely be detected & controlled! Stolen data and credentials create a chaos for both the Company and the Customer. As fraudsters surpass all the possible attempts to learn, unlearn, and relearn various cross-channels and security protocols about the USERS. They try to operate via multi-channels. Earlier with unlimited and rising number of ways of committing FRAUD, detection was quite difficult, but in today's next generation world, AI Fraud techniques like data mining, neural networks, machine learning, pattern recognition, and so on are common and effective in order to safeguard and protect confidentiality. Undoubtedly, attacking the frauds from various different corners is mandatory. Right now, this is possible through more advanced and high-ended state-of-the-art prevention technologies. These ideas and technology addresses multiple channels to observe device attributes and running processes to identify any tools in use that are typically associated with fraud. Multi-faceted extensive researches about fraud attacks have profiled many other extensive and exposing tools and techniques like call-centre based multi-factor authentication, SMS text alerts. This is boon for the users and bane for the fraudsters. Henceforth, frequent alerts and authentication helps in invoking certain fraud-sensitive transactions and events and it expands its benefits to secure and maintain data.Upcoming advanced and long maintained digitized technologies will surely add on to the FRAUD HUB and help the users to STOP FRAUD. Further to speed up our response to fraud, many organizations are comfortably incorporating top notch transformational aspects of technology and features like voice biometrics, enhance knowledge based authentication, adaptive authentication, and so on. Believe it or not, it is never too late to STOP the WRONGDOERS. As a result it is worth considering and implementing chain of trendy tactics to completely boycott FRAUD! These tactics have aided businesses and users in improving security and simplifying corporate operations and transactions. Discover the FRAUD TACTICS in order to uncover the FRAUDEDITOR'S NOTEsiliconindia Vol 8 · Issue 01 · APRIL - 2023 Editorial Team Akanshah Shiwani Pradhan Samatha S. P. Sales & Marketing Sahana N Poojary Editorial Queries editor@siliconindia.com To subscribe Visit: https://www.siliconindia.com/subscribe/ Magazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Silicon media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Publisher Alok ChaturvediCopyright © 2023 Silicon Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@siliconindia.comCirculation Manager Magendran PerumalGM Sales & Marketing Shashi RanjanManager - Design Prabhudutta A.R.N RayArt Manager Suanya ChakrabortyDesigners Mrigank SharmaTushar DasHeena KousarAssistant Managing EditorPublisherAssistant Managing EditorAssociate EditorAlok ChaturvediHeena KousarIndranil Chakraborty
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