Patent ID: 11886575
Assignee: THE 41ST PARAMETER, INC.
Field: Computer technology (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A system for device identification in an electronic fraudulent event, the system comprising:
a web server for comprising one or more processors configured to execute at least a portion of a fraud containment system; and
a memory for storing computer instructions of the fraud containment system, the computer instructions, when executed, causing the one or more processors of the web server to:
access a first electronic repository storing at least: a plurality of data records corresponding to a plurality of device identifiers and a plurality of account identifiers;
calculate a plurality of proximity indicators each associated with each of the plurality of device identifiers, a proximity indicator representing a likelihood of association between a device and the electronic fraudulent event based at least in part on a comparison between device activity information associated with the device and the electronic fraudulent event;
based on the plurality of proximity indicators, identify a master perpetrator device associated with the electronic fraudulent event and associated with a first device identifier of the plurality of device identifiers and a first account identifier of the plurality of account identifiers, wherein first proximity indicator of the plurality of proximity indicators is associated with the master perpetrator device based on the first proximity indicator being greater than a predetermined threshold wherein the first proximity indicator is increased if the master perpetrator device is in use when the electronic fraudulent event occurs;
execute an automated search on the first electronic repository using the plurality of proximity indicators to identify a first set of device identifiers;
generate a risk score for each of the first set of device identifiers, the risk score representing a first confidence level indicating a likelihood that a given device identifier of the first set of device identifiers is associated with a victim of the electronic fraudulent event;
based at least in part on the first set of device identifiers and the risk scores associated with the first set of device identifiers, determine a priority index that indicates an order of action taken in response to the electronic fraudulent event; and
based at least on the priority index, generate and transmit a recommendation to one or more devices associated with the first set of device identifiers rather than the master perpetrator device.