Random forest based fraud detection method for multi-participant e-commerce transactions
Author(s): Geetha Prathiba, Ch Shravani, A Ashritha and E Lavanya
Abstract: The primary goal of transactional security solutions has always been to detect and prevent fraudulent transactions on e-commerce platforms. Due to the anonymity of online transactions, it is difficult to identify attackers by just looking at past order data. Academics are busy trying to come up with fraud prevention systems, but they haven't thought about how consumers' behaviors are evolving. As a result, fraudulent behavior is not effectively detected. An innovative approach to real-time user activity monitoring for fraud detection is presented by this study, which combines process mining with algorithms grounded in machine learning. A process model with user behavior detection is first developed for the business-to-consumer online store. Secondly, we provide an anomaly-based approach to data mining that might be applied to event logs. A classification model that employs SVM (support vector machine) techniques to identify fraudulent activity is then fed the collected characteristics. The results of the studies show that our technique successfully identifies dynamic fraudulent behavior on e-commerce platforms.
Geetha Prathiba, Ch Shravani, A Ashritha, E Lavanya. Random forest based fraud detection method for multi-participant e-commerce transactions. Int J Eng Comput Sci 2024;6(2):106-109. DOI: 10.33545/26633582.2024.v6.i2b.131
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