Quote:How to prevent eCommerce refund fraud
1. Implement a fraud prevention solution that uses AI and machine learning
Kount Command is the predominant fraud prevention software, maintaining a variety of strategies for detecting eCommerce refund fraud. From account creation to login and checkout, Kounts Identity Trust Global NetworkTM analyzes billions of identifiers to establish real-time links between identity elements and return identity trust decisions. Knowing more about these identity trust elements can help merchants and fraud teams determine when someone is seeking a legitimate refund.

Refund Fraud Stats
Kount can add identity elements  like shipping addresses, payment tokens, and email addresses  for customers who request refunds often to a grey list, Harrison explained. There's a lot of flexibility, so they can understand more about each transaction before they ship new orders.

Furthermore, Kount's AI and machine learning informs refund data. If one merchant declines a purchase because the bad actors identity elements are associated with a high volume of refunds, that information informs other parts of Kount's network. When that bad actor goes to another merchant for a refund, machine learning takes those likely fraudulent refunds into account.

Quote:Are you guys afraid of these companies and how they are catching up to us?

Quote:AI can distribute a users fraudulent refund information to many other companies using their services.

(06-11-2021, 06:00 AM)mothered Wrote: For the reasons stated In my blog, the knowledge of the article's author Is limited.

His method abbreviations suggest he's copied the work of others, namely due to his translation of their objective Is (for the most part) not consistent with how company manipulation & exploitation operates as a whole.

Quote:Are you guys afraid of these companies and how they are catching up to us?

It's only a matter of time before companies realize they've been deceived.

Quote:AI can distribute a users fraudulent refund information to many other companies using their services.

That's about as far as It will go.

There's too many variables for an AI to detect each and every SEing event In Its manipulated form.

Quote:distributing a users fraudulent refund information to many other companies using their services

(06-11-2021, 06:35 AM)Stevenkhandani Wrote: Definitely. I think what they missed out on is that we can create multiple email addresses, burner phones, use vpns, and finally leave a parcel in a drop address. This is a way that can totally defeat the purpose of this AI as it cannot read detect who you are. The AI can only detect your fraudulent activities through accounts with similar emails, names, and probably IP addresses too. Moreover, the AI cannot differentiate between a normal customer and an SE'r who is using them for proprietary gain - hence why they are collecting data on these type of activities to limit such things from happening again. The SE methods that include EB, DNA, PEB, and LIT can all be legitimate reasons to what has occurred to a customer during package arrival/retrieval.

Quote:There's too many variables for an AI to detect each and every SEing event In Its manipulated form.

(06-11-2021, 10:48 AM)mothered Wrote:

(06-11-2021, 06:35 AM)Stevenkhandani Wrote: Definitely. I think what they missed out on is that we can create multiple email addresses, burner phones, use vpns, and finally leave a parcel in a drop address. This is a way that can totally defeat the purpose of this AI as it cannot read detect who you are. The AI can only detect your fraudulent activities through accounts with similar emails, names, and probably IP addresses too. Moreover, the AI cannot differentiate between a normal customer and an SE'r who is using them for proprietary gain - hence why they are collecting data on these type of activities to limit such things from happening again. The SE methods that include EB, DNA, PEB, and LIT can all be legitimate reasons to what has occurred to a customer during package arrival/retrieval.

You've summed It up very well, which I've summarized In my previous post as per below:

Quote:There's too many variables for an AI to detect each and every SEing event In Its manipulated form.

The problem Is, the author of the article Is a "data analyst" who's trying to speak Intelligently about "social engineering" In the mentioned capacity.

There's a huge difference between the two and after first reading his comments and the context of how they're worded, I can confidently say that he has very little to no experience In the SEing sector.  Analyzing Is one thing, having years of experience under your belt by social engineering entities on every scale, allows you to discuss matters based on every event you've been through.

As such, advice, Implementations, recommendations and so forth, can be provided on "first-hand experience" and not what you've "analyzed".

(06-11-2021, 11:29 PM)Stevenkhandani Wrote: Social engineering will still live on for light years to come unless all of humanity ceases to exist.

(06-12-2021, 04:06 AM)mothered Wrote:

(06-11-2021, 11:29 PM)Stevenkhandani Wrote: Social engineering will still live on for light years to come unless all of humanity ceases to exist.

Absolutely.

Due to companies tightening their claims management process, Inclusive of training staff to Identify the warning signs of an attack vector, methods will Inevitably cease to serve their purpose, but new methods will continue to evolve. Social engineers will always manipulate a way to achieve a certain objective- It's a characteristic/attribute that cannot be stopped.

(06-12-2021, 07:54 AM)Stevenkhandani Wrote:

(06-12-2021, 04:06 AM)mothered Wrote:

(06-11-2021, 11:29 PM)Stevenkhandani Wrote: Social engineering will still live on for light years to come unless all of humanity ceases to exist.

Absolutely.

Due to companies tightening their claims management process, Inclusive of training staff to Identify the warning signs of an attack vector, methods will Inevitably cease to serve their purpose, but new methods will continue to evolve. Social engineers will always manipulate a way to achieve a certain objective- It's a characteristic/attribute that cannot be stopped.

Wow, very well said once again. If I were to fear one person in this world, I'd have to fear you the most. Even knowing that you have been in the SE field for decades, I would probably still fall for your manipulative actions against me. Just please don't do that to me, I'm still young and wanting to learn more about the world of SE. Though, I will carry on your legacy

(06-12-2021, 10:06 AM)mothered Wrote:

(06-12-2021, 07:54 AM)Stevenkhandani Wrote:

(06-12-2021, 04:06 AM)mothered Wrote: Absolutely.

Due to companies tightening their claims management process, Inclusive of training staff to Identify the warning signs of an attack vector, methods will Inevitably cease to serve their purpose, but new methods will continue to evolve. Social engineers will always manipulate a way to achieve a certain objective- It's a characteristic/attribute that cannot be stopped.

Wow, very well said once again. If I were to fear one person in this world, I'd have to fear you the most. Even knowing that you have been in the SE field for decades, I would probably still fall for your manipulative actions against me. Just please don't do that to me, I'm still young and wanting to learn more about the world of SE. Though, I will carry on your legacy

Appreciate your kind words.

I'd never target anyone on a personal level. I've stated that many times In my blog, and I do hope my readers can adapt to the same principle.

(06-12-2021, 12:45 PM)Stevenkhandani Wrote:

(06-12-2021, 10:06 AM)mothered Wrote:

(06-12-2021, 07:54 AM)Stevenkhandani Wrote: Wow, very well said once again. If I were to fear one person in this world, I'd have to fear you the most. Even knowing that you have been in the SE field for decades, I would probably still fall for your manipulative actions against me. Just please don't do that to me, I'm still young and wanting to learn more about the world of SE. Though, I will carry on your legacy

Appreciate your kind words.

I'd never target anyone on a personal level. I've stated that many times In my blog, and I do hope my readers can adapt to the same principle.

I can tell that you have put a lot of dedication and effort in your blogs. Quite literally, everything from the ground up is just unbelievable. Your writing style, explanations, formatting, and narrative is straight up amazing. I cannot fathom to thank you enough for the tools and things you provide within your blog. I have been reading your blogs on and off and learned things that I would never have thought of. It just gave me a sense of how the world of SEing works - so I got addicted. Many people would have sold this information for thousands of dollars. Thank you for putting out your long extensive research out there instead of selling your thoughts.

Now let me be your apprentice and name me the 10 testaments of SE.