IP Lookup Tool With Fraud Scoring
IP lookup tool with fraud scoring merchant losses due to online payment fraud estimated to reach $343 billion by 2023, businesses must be vigilant about preventing fraudulent activity. Using IP lookup tools with fraud scoring enables companies to reduce risk by verifying the user’s location, detecting proxies, and assessing suspicious connections. Fraud scoring tools help prevent chargeback fraud (where a consumer contacts their credit card issuer to claim they never received the purchase or that the item was defective) and prevents hackers from hijacking customer accounts on an ecommerce platform.
Generally, IP score services use the same information as an IP lookup tool but test it against blacklists, historical data, and other indicators to produce a quality score that indicates how likely it is that an IP address is involved in fraud or malicious behavior. In addition, many services also use browser-level indicators (like user agent strings) and perform open port scans to identify the types of proxy or VPNs that may be used to hide a user’s true IP address.
Enterprise-Grade IP Abuse Data Feed for Threat Intelligence
By regularly checking and updating an IP score, businesses can identify high-risk IPs and reduce unauthorized access by blocking or restricting them from their system. However, a direct block is usually not recommended since IP addresses are often dynamic and shared among multiple users. To ensure security and minimize unauthorized access, some services check an IP against speed thresholds before determining whether or not it is worthy of the threat score they assign.
