APRP Fraud Prevention & Detection 4

Question 1

Device fingerprinting in online fraud prevention works by:

Accepted Answer

Collecting attributes of the browser and device to create a unique identifier

Answer

Device fingerprinting aggregates attributes like browser type, OS, screen resolution, and installed fonts to create a unique profile that can be compared across sessions.

Question 2

Which of the following best describes the '3-D Secure 2.0' (3DS2) protocol's improvement over the original 3DS?

Accepted Answer

It enables risk-based authentication, allowing frictionless flow for low-risk transactions

Answer

3DS2 introduces a rich data exchange between merchant and issuer to support risk-based decisioning, enabling frictionless authentication for low-risk transactions.

Question 3

An issuer receives an unusually high number of decline reversals and resubmissions on a single merchant's transactions. This may indicate:

Accepted Answer

The merchant is using excessive retry logic, possibly to force through fraud

Answer

Excessive retry patterns on declined transactions can indicate attempts to force fraudulent transactions through or exploit authorization system weaknesses.

Question 4

Which fraud prevention control is specifically designed to verify the physical presence of a card during a transaction?

Accepted Answer

EMV chip cryptogram

Answer

The EMV chip generates a dynamic cryptogram per transaction that requires physical chip interaction, confirming the card was present at the terminal.

Question 5

In fraud risk management, 'link analysis' is primarily used to:

Accepted Answer

Identify relationships between entities such as accounts, devices, and IP addresses to uncover fraud rings

Answer

Link analysis maps connections between seemingly unrelated entities, which is critical for discovering organized fraud rings that individual transaction scoring would miss.

APRP - Accredited Payments Risk Professional Practice Test

APRP - Accredited Payments Risk Professional Practice Test

APRP Fraud Prevention & Detection 4