DEVICE FINGERPRINTING- MEANING
The practice of gathering distinct data from a device for digital advertising, identity verification, and fraud protection is known as “device fingerprinting.” A website’s impression of the device is captured each time a user views an app or website. for example, a Wi-Fi network or IP address
Know more about device risk scoring assessment
CAN CYBERCRIMINALS MODIFY THEIR FINGERPRINTS ON DEVICES?
With the development of technology, fraudsters may now more easily alter their device fingerprint by employing harmful tools and methods. A device’s appearance may be altered by changing its fingerprint, and new gadgets are more reliable than ones that have already been used to perpetrate fraud. VPN applications, for instance, are a widely used method for masking IP addresses. Before signing onto a service, a user wishing to view material that isn’t available where they are might utilize a VPN to alter their IP address. Factory resets, which return a device to its original configuration, are another method by which thieves might alter the fingerprint on their device. This gadget would be recognized by an app as being brand-new, enabling the user to register for a second account.
WAYS TO STOP FRAUD
3.1 DEVICE ID
An individual string of alphanumeric characters that identifies a device is called a device ID. The fraud prevention vendor assigns it, and it may have the following format: b43n45734oi1208n76j5h43ou7.
3.2 RISK INDICATORS
Device risk indicators make available the instruments and methods commonly used in fraudulent activities. App cloners, GPS spoofers, emulators, VPNs, and device manipulation are a few of the tools.
3.3 RISK SCORE
This risk score is determined by looking at a variety of parameters, including whether the same device ID is connected to several accounts and the kind and frequency of tools and methods used on each device.
CASE STUDY
- A scammer attempts to set up a false account on your application.
- In real-time, SHIELD will verify hundreds of device details (such as model, name, and screen resolution) and answer thousands of queries, such as:
* Does this device get used by any other accounts to access your platform?
* Does the gadget make use of any instruments or methods linked to unsafe conduct?
- Device intelligence is returned by SHIELD’s technology in the form of:
an ID specific to the device.
The tools and strategies utilized to construct the false account, along with their names.
- You can take control of your risk assessment with the use of this device intelligence. For example, you may use Leverage SHIELD to immediately ban this device from your platform.
SHIELD DEVICE FRAUD PREVENTION
Acquiring an accurate image of people and devices is a crucial instrument in stopping fraud on digital platforms. At SHIELD, we collaborate with major global businesses to provide them access to device intelligence, enabling them to thwart fraud, foster trust, and spur expansion. With SHIELD ID, the global standard for device identification, companies can make accurate choices regarding the trustworthiness of devices thanks to our patented device fingerprinting technology.