Patent ID: 8788419
Filing Date: 2014-07-22
Classification: G06F,G06Q,H04L

Abstract:
1. A method, comprising: receiving from a remote site a request for access to an online banking site associated with a financial institution, said request having satisfied a first authentication requirement associated with a customer of the financial institution and said request having two or more attributes, wherein the attributes comprise at least a browser ID of the remote site; employing a processor associated with a site to calculate, based at least in part on the two or more attributes, a plurality of scores, wherein the plurality of scores comprises two or more of a network score, a browser score, a time of day score, or a frequency score; employing the processor associated with the site to calculate a composite score based at least in part on a weighted improbability measure for each of the plurality of scores or an average of the plurality of scores; employing the processor associated with the site to calculate a custom-configured score, wherein the custom-configured score indicates an amount and a type of identity risk specified by the financial institution; and mitigating the risk of fraud in online banking based at least in part on conditioning approval of the request on satisfaction of a second authentication requirement on whether the composite score exceeds the custom-configured score based at least in part on a report generated in real-time.