Preventing Online Fraud

The 3 Types of Online Fraud

Online Cheating:

Online Cheating This is giving someone your password so they can take a test for you. Online educators must have a way to prevent online cheating in order to maintain institutional credibility. Education over the Internet is emerging quickly, and providers recognize that preventing cheating is necessary to sustain legitimacy. Using Trustable Passwords, our customers are able to authenticate their students with our simple and familiar client login process. In addition to doing so at login, educators also have the option to re-authenticate at random intervals throughout the experience.

Quiet Fraud:

Quiet Fraud This is sharing login/password information for access to paid content. An example is the realtor who subscribes to MLS and gives access information to coworkers and even clients. Most subscription providers loose 50% or more every year from password sharing alone. Our technology gives our customers the ability to monetize those non-paying consumers.

Malicious Fraud:

Hacker This is the hacker fraud we always hear about, directed at major websites. Our technology can make securing people’s private information significantly more effective, but protecting a Bank of America as a business takes more than Trustable Passwords. Global 1000 companies need a full service security suite that protects them from top to bottom, a service only major vendors provide. iMagic is working with executives at these security vendors and has proven that we add value to their process.