Yuanyuan Ma¹, Ang Chen¹, Cunzhi Hou¹, Ruixia Jin², Jinghui Zhang¹, Ruixiang Li^3,4,*

CMC-Computers, Materials & Continua, Vol.81, No.2, pp. 3301-3323, 2024, DOI:10.32604/cmc.2024.056854 - 18 November 2024

Abstract Currently, telecom fraud is expanding from the traditional telephone network to the Internet, and identifying fraudulent IPs is of great significance for reducing Internet telecom fraud and protecting consumer rights. However, existing telecom fraud identification methods based on blacklists, reputation, content and behavioral characteristics have good identification performance in the telephone network, but it is difficult to apply to the Internet where IP (Internet Protocol) addresses change dynamically. To address this issue, we propose a fraudulent IP identification method based on homology detection and DBSCAN(Density-Based Spatial Clustering of Applications with Noise) clustering (DC-FIPD). First, we… More >

Sumaya S. Sulaiman^1,2,*, Ibraheem Nadher³, Sarab M. Hameed²

CMC-Computers, Materials & Continua, Vol.78, No.1, pp. 1049-1069, 2024, DOI:10.32604/cmc.2023.046051 - 30 January 2024

Abstract Fraud of credit cards is a major issue for financial organizations and individuals. As fraudulent actions become more complex, a demand for better fraud detection systems is rising. Deep learning approaches have shown promise in several fields, including detecting credit card fraud. However, the efficacy of these models is heavily dependent on the careful selection of appropriate hyperparameters. This paper introduces models that integrate deep learning models with hyperparameter tuning techniques to learn the patterns and relationships within credit card transaction data, thereby improving fraud detection. Three deep learning models: AutoEncoder (AE), Convolution Neural Network… More >

Ayesha Aslam¹, Adil Hussain^2,*

Journal on Artificial Intelligence, Vol.6, pp. 1-21, 2024, DOI:10.32604/jai.2024.047226 - 31 January 2024

Abstract With the increased accessibility of global trade information, transaction fraud has become a major worry in global banking and commerce security. The incidence and magnitude of transaction fraud are increasing daily, resulting in significant financial losses for both customers and financial professionals. With improvements in data mining and machine learning in computer science, the capacity to detect transaction fraud is becoming increasingly attainable. The primary goal of this research is to undertake a comparative examination of cutting-edge machine-learning algorithms developed to detect credit card fraud. The research looks at the efficacy of these machine learning… More >

Xuanchen Zhou^1,2,3, Wenzhong Yang^2,3,*, Liejun Wang^2,3, Fuyuan Wei^2,3, KeZiErBieKe HaiLaTi^2,3, Yuanyuan Liao^2,3

CMC-Computers, Materials & Continua, Vol.77, No.3, pp. 4073-4087, 2023, DOI:10.32604/cmc.2023.040253 - 26 December 2023

Abstract With the increasing popularity of Ethereum, smart contracts have become a prime target for fraudulent activities such as Ponzi, honeypot, gambling, and phishing schemes. While some researchers have studied intelligent fraud detection, most research has focused on identifying Ponzi contracts, with little attention given to detecting and preventing gambling or phishing contracts. There are three main issues with current research. Firstly, there exists a severe data imbalance between fraudulent and non-fraudulent contracts. Secondly, the existing detection methods rely on diverse raw features that may not generalize well in identifying various classes of fraudulent contracts. Lastly,… More >

Yih Bing Chu^*, Zhi Min Lim, Bryan Keane, Ping Hao Kong, Ahmed Rafat Elkilany, Osama Hisham Abusetta

Journal of Cyber Security, Vol.5, pp. 33-46, 2023, DOI:10.32604/jcs.2023.045422 - 03 November 2023

Abstract The proliferation of digital payment methods facilitated by various online platforms and applications has led to a surge in financial fraud, particularly in credit card transactions. Advanced technologies such as machine learning have been widely employed to enhance the early detection and prevention of losses arising from potentially fraudulent activities. However, a prevalent approach in existing literature involves the use of extensive data sampling and feature selection algorithms as a precursor to subsequent investigations. While sampling techniques can significantly reduce computational time, the resulting dataset relies on generated data and the accuracy of the pre-processing… More >

Yalong Xie¹, Aiping Li^1,*, Biyin Hu², Liqun Gao¹, Hongkui Tu¹

CMC-Computers, Materials & Continua, Vol.76, No.3, pp. 2707-2726, 2023, DOI:10.32604/cmc.2023.037039 - 08 October 2023

Abstract Credit Card Fraud Detection (CCFD) is an essential technology for banking institutions to control fraud risks and safeguard their reputation. Class imbalance and insufficient representation of feature data relating to credit card transactions are two prevalent issues in the current study field of CCFD, which significantly impact classification models’ performance. To address these issues, this research proposes a novel CCFD model based on Multifeature Fusion and Generative Adversarial Networks (MFGAN). The MFGAN model consists of two modules: a multi-feature fusion module for integrating static and dynamic behavior data of cardholders into a unified highdimensional feature… More >

T. Karthikeyan^1,*, M. Govindarajan¹, V. Vijayakumar²

Intelligent Automation & Soft Computing, Vol.37, No.2, pp. 1483-1498, 2023, DOI:10.32604/iasc.2023.037606 - 21 June 2023

Abstract Frauds don’t follow any recurring patterns. They require the use of unsupervised learning since their behaviour is continually changing. Fraudsters have access to the most recent technology, which gives them the ability to defraud people through online transactions. Fraudsters make assumptions about consumers’ routine behaviour, and fraud develops swiftly. Unsupervised learning must be used by fraud detection systems to recognize online payments since some fraudsters start out using online channels before moving on to other techniques. Building a deep convolutional neural network model to identify anomalies from conventional competitive swarm optimization patterns with a focus… More >

Zhen Zhen¹, Jian Gao^1,2,*

Computer Systems Science and Engineering, Vol.47, No.1, pp. 955-973, 2023, DOI:10.32604/csse.2023.039525 - 26 May 2023

Abstract Telecommunication fraud has run rampant recently worldwide. However, previous studies depend highly on expert knowledge-based feature engineering to extract behavior information, which cannot adapt to the fast-changing modes of fraudulent subscribers. Therefore, we propose a new taxonomy that needs no hand-designed features but directly takes raw Call Detail Records (CDR) data as input for the classifier. Concretely, we proposed a fraud detection method using a convolutional neural network (CNN) by taking CDR data as images and applying computer vision techniques like image augmentation. Comprehensive experiments on the real-world dataset from the 2020 Digital Sichuan Innovation… More >

Chandana Gouri Tekkali, Karthika Natarajan^*

CMC-Computers, Materials & Continua, Vol.75, No.2, pp. 3171-3187, 2023, DOI:10.32604/cmc.2023.036865 - 31 March 2023

Abstract Fraud Transactions are haunting the economy of many individuals with several factors across the globe. This research focuses on developing a mechanism by integrating various optimized machine-learning algorithms to ensure the security and integrity of digital transactions. This research proposes a novel methodology through three stages. Firstly, Synthetic Minority Oversampling Technique (SMOTE) is applied to get balanced data. Secondly, SMOTE is fed to the nature-inspired Meta Heuristic (MH) algorithm, namely Binary Harris Hawks Optimization (BinHHO), Binary Aquila Optimization (BAO), and Binary Grey Wolf Optimization (BGWO), for feature selection. BinHHO has performed well when compared with More >

Junjie Zhou, Hongkui Xu^*, Zifeng Zhang, Jiangkun Lu, Wentao Guo, Zhenye Li

Computer Systems Science and Engineering, Vol.46, No.2, pp. 2277-2297, 2023, DOI:10.32604/csse.2023.036419 - 09 February 2023

Abstract Fraud cases have been a risk in society and people’s property security has been greatly threatened. In recent studies, many promising algorithms have been developed for social media offensive text recognition as well as sentiment analysis. These algorithms are also suitable for fraudulent phone text recognition. Compared to these tasks, the semantics of fraudulent words are more complex and more difficult to distinguish. Recurrent Neural Networks (RNN), the variants of RNN, Convolutional Neural Networks (CNN), and hybrid neural networks to extract text features are used by most text classification research. However, a single network or… More >