Phone Number Fraud Risk Score

Phone number phone number risk score helps identify and block bad actors, fake accounts, and suspicious payments using a phone number. This is accomplished by analyzing the reputation of the phone number (landline, mobile, or virtual number such as VOIP) to determine if it is associated with multiple, fraudulent, or suspicious accounts. This can help businesses save resources and time by preventing them from reaching out to potential bad actors.

Phone Number Risk Score

Fraudsters are continuously leveraging new tactics to attack and take over accounts, steal personal information, and use stolen identities for online transactions such as money transfers, password resets, and two-factor authentication. As a result, fraud losses due to phone-based fraud are increasing rapidly. Despite their original design as user identifiers for the telephone network, applying phone numbers to online identification and authentication introduces new security risks including account takeover, identity theft, and phishing.

Leverage the power of a phone number fraud risk score to prevent these attacks by identifying risky phones in real-time. This is done by evaluating the phone number in combination with other data points, such as name, address, email, and other identity verification signals. A risk score is then derived to determine how trustworthy the phone number is and whether or not it should be trusted for use in online authentication processes.

The best way to reduce risk is to avoid dialing high-risk phone numbers. These include toll fraud risk numbers, spam traps, and shared-cost or premium phone numbers, where owners receive revenue for every minute of calls connected.