Forward Edge AI, Inc. and ScamAdviser announced a new data sharing agreement to fight phone scams. The goal of the strategic partnership is to leverage research in Artificial Intelligence, Publicly Available Information, and cognitive/human behavioral sciences to combat dangerous scams targeting consumers and businesses.
ScamAdviser helps over 3 million consumers every month to discover if a website is legitimate or a possible scam. Its algorithm automatically gives websites a “Trust Score”. The algorithm uses more than 40 data sources: the IP address of the webserver, the availability of contact details on the website, the age of the URL, ratings on review sites, and much more.
Forward Edge-AI leverages emerging technologies including a Realtime Machine Learner, Blockchain/Distributed Ledger Technology, and Swarm Intelligence to detect malicious calls and SMS text messages and block them before they can spread.
Forward Edge AI will use ScamAdviser’s data feed of more than 1 million new domains every month, to scan incoming text messages for malicious links. ScamAdviser will have access to Forward Edge AI’s one billion phone number database to allow consumers to check if a phone number is legitimate or a robocaller or a scammer.
Eric Adolphe, CEO of Forward Edge AI comments: “We have tested ScamAdviser’s data extensively and were impressed with the results. We will integrate ScamAdviser’s data into our Gabriel® App. This will provide our users with additional protection against cybercriminals.” Jorij Abraham, general manager of Scamadviser adds: “We are extremely pleased with our cooperation with Forward Edge AI. They are able to predict the changes of a phone number being dubious like we can for domains. The cooperation allows us to protect consumers not only from online scams but phone fraud as well.”
Have you fallen for a hoax, bought a fake product? Report the site and warn others!
As the influence of the internet rises, so does the prevalence of online scams. There are fraudsters making all kinds of claims to trap victims online - from fake investment opportunities to online stores - and the internet allows them to operate from any part of the world with anonymity. The ability to spot online scams is an important skill to have as the virtual world is increasingly becoming a part of every facet of our lives. The below tips will help you identify the signs which can indicate that a website could be a scam. Common Sense: Too Good To Be True When looking for goods online, a great deal can be very enticing. A Gucci bag or a new iPhone for half the price? Who wouldn’t want to grab such a deal? Scammers know this too and try to take advantage of the fact. If an online deal looks too good to be true, think twice and double-check things. The easiest way to do this is to simply check out the same product at competing websites (that you trust). If the difference in prices is huge, it might be better to double-check the rest of the website. Check Out the Social Media Links Social media is a core part of ecommerce businesses these days and consumers often expect online shops to have a social media presence. Scammers know this and often insert logos of social media sites on their websites. Scratching beneath the surface often reveals this fu
So the worst has come to pass - you realise you parted with your money too fast, and the site you used was a scam - what now? Well first of all, don’t despair!! If you think you have been scammed, the first port of call when having an issue is to simply ask for a refund. This is the first and easiest step to determine whether you are dealing with a genuine company or scammers. Sadly, getting your money back from a scammer is not as simple as just asking. If you are indeed dealing with scammers, the procedure (and chance) of getting your money back varies depending on the payment method you used. PayPal Debit card/Credit card Bank transfer Wire transfer Google Pay Bitcoin PayPal If you used PayPal, you have a strong chance of getting your money back if you were scammed. On their website, you can file a dispute within 180 calendar days of your purchase. Conditions to file a dispute: The simplest situation is that you ordered from an online store and it has not arrived. In this case this is what PayPal states: "If your order never shows up and the seller can't provide proof of shipment or delivery, you'll get a full refund. It's that simple." The scammer has sent you a completely different item. For example, you ordered a PlayStation 4, but instead received only a Playstation controller. The condition of the item was misrepresented on the product page. This could be the