Predicting the fraud volume in the advent of internet enabled handheld devices

Online banking has been growing tremendously in the recent years due to the vast development of internet applications on both computer and handheld devices. However, this advancement is faced by equally growing fraud attacks over the last decade. Customer awareness and vendor awareness are considere...

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Main Authors:	Zammarah, Nuha Abdullah, Shah , Asadullah
Format:	Conference or Workshop Item
Language:	English
Published:	2015
Subjects:	T10.5 Communication of technical information
Online Access:	http://irep.iium.edu.my/47771/ http://irep.iium.edu.my/47771/ http://irep.iium.edu.my/47771/1/Nuha-paper_2015-.pdf

id	iium-47771
recordtype	eprints
spelling	iium-477712016-05-13T01:06:22Z http://irep.iium.edu.my/47771/ Predicting the fraud volume in the advent of internet enabled handheld devices Zammarah, Nuha Abdullah Shah , Asadullah T10.5 Communication of technical information Online banking has been growing tremendously in the recent years due to the vast development of internet applications on both computer and handheld devices. However, this advancement is faced by equally growing fraud attacks over the last decade. Customer awareness and vendor awareness are considered important factors in the study of fraud attacks volume increase. Moreover, more stringent security standards and multiple defensive security lines have been proposed to reduce the fraud attack cases. Nevertheless, fraud attack cases are showing a relentless increase in the past decade. This increase is attributed to the development of new attack methods and the evolution of new technologies which form new channels for fraudulent to attack. This paper addresses the fraud attack from a new perspective. In this paper, Adaptive Neuro-Fuzzy Inference System (ANFIS) is used to associate the increase in both computers based and handheld devices based internet usage and the fraud attack volume. The system will be trained from data collected in the past decade and then used to predict the effect of internet usage rate on the fraud attack volume for different age groups as well as the total fraud volume in the future. Three different scenarios in this study are considered to be addressing the effect of personal computer operating system, mobile operating system and android attack rate on the fraud volume. Results show that fraud volume would increase with the increase of android attack rate and would decrease with the increase of personal computer and mobile operating system usage rate. Therefore, the main focus on the awareness about fraud should be given to the mobile operating system users who are aged between 20-39 years old and above 70 years old as they cause increasing in the fraud. 2015-12-02 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/47771/1/Nuha-paper_2015-.pdf Zammarah, Nuha Abdullah and Shah , Asadullah (2015) Predicting the fraud volume in the advent of internet enabled handheld devices. In: 4th International Conference on Advances in Engineering Sciences and applied Mathematics, ICAESAM' 2015 , 8-9 Decmber 2015, Kuala Lumpur. http://dx.doi.org/10.15242/IIE.E1215039
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	T10.5 Communication of technical information
spellingShingle	T10.5 Communication of technical information Zammarah, Nuha Abdullah Shah , Asadullah Predicting the fraud volume in the advent of internet enabled handheld devices
description	Online banking has been growing tremendously in the recent years due to the vast development of internet applications on both computer and handheld devices. However, this advancement is faced by equally growing fraud attacks over the last decade. Customer awareness and vendor awareness are considered important factors in the study of fraud attacks volume increase. Moreover, more stringent security standards and multiple defensive security lines have been proposed to reduce the fraud attack cases. Nevertheless, fraud attack cases are showing a relentless increase in the past decade. This increase is attributed to the development of new attack methods and the evolution of new technologies which form new channels for fraudulent to attack. This paper addresses the fraud attack from a new perspective. In this paper, Adaptive Neuro-Fuzzy Inference System (ANFIS) is used to associate the increase in both computers based and handheld devices based internet usage and the fraud attack volume. The system will be trained from data collected in the past decade and then used to predict the effect of internet usage rate on the fraud attack volume for different age groups as well as the total fraud volume in the future. Three different scenarios in this study are considered to be addressing the effect of personal computer operating system, mobile operating system and android attack rate on the fraud volume. Results show that fraud volume would increase with the increase of android attack rate and would decrease with the increase of personal computer and mobile operating system usage rate. Therefore, the main focus on the awareness about fraud should be given to the mobile operating system users who are aged between 20-39 years old and above 70 years old as they cause increasing in the fraud.
format	Conference or Workshop Item
author	Zammarah, Nuha Abdullah Shah , Asadullah
author_facet	Zammarah, Nuha Abdullah Shah , Asadullah
author_sort	Zammarah, Nuha Abdullah
title	Predicting the fraud volume in the advent of internet enabled handheld devices
title_short	Predicting the fraud volume in the advent of internet enabled handheld devices
title_full	Predicting the fraud volume in the advent of internet enabled handheld devices
title_fullStr	Predicting the fraud volume in the advent of internet enabled handheld devices
title_full_unstemmed	Predicting the fraud volume in the advent of internet enabled handheld devices
title_sort	predicting the fraud volume in the advent of internet enabled handheld devices
publishDate	2015
url	http://irep.iium.edu.my/47771/ http://irep.iium.edu.my/47771/ http://irep.iium.edu.my/47771/1/Nuha-paper_2015-.pdf
first_indexed	2023-09-18T21:07:56Z
last_indexed	2023-09-18T21:07:56Z
_version_	1777411058573508608

Predicting the fraud volume in the advent of internet enabled handheld devices

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