Description
The Geolocation Technology in the Fight Against Fraud course introduces geolocation as a vital tool for fraud prevention, covering technologies like IP geolocation, GSM triangulation, Wi-Fi, GPS, and Bluetooth-based tracking. Each method brings unique strengths in pinpointing user and device locations, aiding in fraud detection by flagging suspicious behaviors, and verifying low-risk activities. The course explores geolocation's evolution from basic IP-based methods to sophisticated, multi-layered solutions that enhance accuracy and provide real-time insights. Privacy, legal compliance, and data security are emphasized, with guidance on adhering to regulations like GDPR and CCPA through transparent data handling and user consent.
Learners gain practical skills in implementing geolocation for fraud detection, including setup, data collection, and integration with other security systems. The course examines evasion tactics fraudsters use, such as VPNs and location spoofing, and effective countermeasures to address these challenges. Future trends are discussed, expanding the potential of geolocation in security frameworks. Concluding with ethical and legal considerations, the course prepares participants to responsibly leverage geolocation technology for enhanced fraud prevention while upholding user privacy and trust.
Who Should Enroll?
- Fraud Analysts will gain insights to assess risks, reduce false positives, and identify coordinated fraud attempts using geolocation data.
- Payment Security Specialists will learn to safeguard payment systems against unauthorized activities like card-not-present fraud and account takeovers.
- eCommerce Fraud Managers will enhance fraud detection during transactions, disputes, and account sharing with practical geolocation applications.
- Chargeback Specialists will use geolocation data to strengthen compelling evidence reports and effectively fight false claims.
Program Details
Program Level: Intermediate
Program Field of Study: Specialized Knowledge
Program Delivery Method: QAS Self-Study
CPE Credits: 2.0
Advanced Preparation and/or Pre-requisites: Fraud Essentials is recommended.
For more information regarding any concerns, please email us at [email protected].
Refunds and cancellations are determined on a case-by-case basis. Cancellations and requests for refunds must be communicated in writing to [email protected]. Refunds will not be issued once a course has been started. Additionally, courses must be completed within one year of purchase.
Merchant Risk Council is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Course Created: 12/04/2024
Objectives
- Understand the evolution and components of geolocation technology.
- Identify the challenges, privacy considerations, and regulatory frameworks associated with using geolocation data for fraud prevention.
- Identify the key steps and considerations in implementing geolocation technology for fraud detection.
- Explain how data privacy, secure storage, and integration with fraud detection systems enhance geolocation’s effectiveness.
- Understand how geolocation technology supports location-based authentication, compliance, and fraud detection across industries.
- Identify specific methods and benefits of geolocation technology in ensuring transaction security, legal compliance, and fraud prevention.
- Understand key geolocation evasion tactics fraudsters use.
- Identify effective countermeasures and evolving technologies that help businesses detect and prevent location-based fraud.
- Understand the privacy and security responsibilities in handling geolocation data, including compliance with regulations like GDPR and CCPA.
- Recognize data security, integrity, and privacy strategies when managing geolocation information.
Certificate
By completing/passing this course, you will attain the certificate MRC Education Certificate of Completion
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