Groupon Fraud Analyst Interview Questions and Answers

Fraud in E-commerce refers to any deceptive or illegal activity aimed at defrauding online retailers or consumers.

• Fraudulent use of stolen credit card information to make purchases online

• Phishing scams where fake websites or emails trick users into providing personal or financial information

• Account takeover where hackers gain access to a user's account to make unauthorized transactions

• Drop shipping scams where fake ret...read more

To reduce the fraud rate, implement fraud detection tools, conduct regular audits, educate employees and customers, and collaborate with law enforcement.

• Implement fraud detection tools such as AI algorithms and machine learning models

• Conduct regular audits to identify any suspicious activities or patterns

• Educate employees and customers on how to recognize and report potential fraud

• Collaborate with law enforcement agenc