![]() ![]() Adding another method is called two-factor authentication, and it improves security. When a user wants to access a website or app, they need to provide a single piece of authentication (SFA) in the form of a password. Some Examples of Fraud Detection TermsĪs you will see, our fraud dictionary covers fraud terms that every fraud manager and RiskOps, or risk operations team member should know, and which should be useful to elevate your fraud prevention tactics: 2FA We’ve compiled a list of fraud terms and fraud definitions in this downloadable guide. But it’s also important to know the basics if this is your first entry into the world of cybercrime. The vocabulary of online security and fraud prevention evolves fast, and it’s important to keep up with the latest terms. This is precisely the goal behind this fraud dictionary. That’s why we spend as much time interviewing fraudsters as we do talking with fraud managers and our goal is always to share our findings with our audience so that you may make more informed decisions. At SEON, we keep a close watch on the latest fraud trends.
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