Using a TOR network, users can direct internet traffic to conceal their true geographic location. This enables fraudsters to use these networks to conduct malicious and anonymous business transactions, such as placing bogus orders with stolen credit cards. In 2012, online retailers reported over USD3.9 billion in online fraud.With the updated DOTS IP Address Validation, Service Objects customers can uncover location and network information about the IP address linked to the user, warning them of contacts using TOR and other anonymous proxies. Using this information, companies can make decisions about the risks associated with these types of online transactions.
Founded in 2001, Service Objects is a provider of contact validation services. Its validation and location web services allow businesses to identify potentially fraudulent transactions, append additional contact information and process transactions.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now