Invention Grant
- Patent Title: Systems, methods and computer program products for securing electronic transactions
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Application No.: US17104267Application Date: 2020-11-25
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Publication No.: US11887124B2Publication Date: 2024-01-30
- Inventor: Amit Somani , Padma Jadav , Raviraj Bhatt , Hemant Arora , Jaipal Singh Kumawat , Ajay Panwar , Sourabh Rajput , Paras Rashmikant Vanjara
- Applicant: MASTERCARD INTERNATIONAL INCORPORATED
- Applicant Address: US NY Purchase
- Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee Address: US NY Purchase
- Agency: Talem IP Law, LLP
- Priority: IN 1911048233 2019.11.26
- Main IPC: G06Q20/40
- IPC: G06Q20/40 ; H04L9/40 ; G06Q20/42

Abstract:
The invention provides systems, methods and computer program products for securing electronic transactions and users of electronic transaction services from phishing attacks by malicious attackers and fraudsters. A terminal device receives a first data communication comprising an OTP associated with a requested electronic transaction, and identifies a validity period associated with the OTP. The terminal device responds to detection of a second data communication between the terminal device and a remote entity during the identified validity period, by extracting content from the second data communication. The extracted content is analyzed and a risk decision is generated based on output of the analysis of the extracted content. The risk decision determines whether the remote entity comprises, or is controlled by, a malicious attacker. Responsive to the risk decision determining that the remote entity comprises, or is controlled by, a malicious attacker, the terminal device may initiate a risk mitigation process.
Public/Granted literature
- US20210158360A1 SYSTEMS, METHODS AND COMPUTER PROGRAM PRODUCTS FOR SECURING ELECTRONIC TRANSACTIONS Public/Granted day:2021-05-27
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