Fraud Prevention?

IP001 asked 3 years ago


Today when I was going to use my debit card, my transaction failed and I saw a message saying:

[I]"Your IP Address has been recorded for fraud prevention."[/I]

I started to search in Google using these words and I saw other pages saying the same and the company name of my internet service. I got texts like this, at the bottom of some pages:

[I]"NOTE: Your IP Address has been logged for our fraud prevention measures."[/I]

What is this?

Thanks in advance.

1 Answers
Shnerdly Staff answered 3 years ago

Thanks for your question IP001.

Virtually all websites you visit log your IP address including this one. The logs are typically stored for 45 to 120 days depending on the site. In the case of secure websites where you see "https" instead of "http" at the beginning of the URL they may keep your visit statistics indefinitely. Couple this with the fact that all ISP's keep record of who specifically is using what IP address at any given time, through legal channels the physical address of a user can be determined. There are some possible variables such as someone hacking in to a wireless connection but for the most part you can be traced back to your home or place of business.

In the case of your credit card failing approval or being approved for that matter, record is kept in case the card is later reported lost or stolen. It gives authorities an avenue to pursue in locating a possible criminal.

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