Wipro Fraud Analyst Interview Questions, Process, and Tips

Online fraud refers to fraudulent activities conducted over the internet, including phishing, identity theft, and credit card fraud.

• Phishing: fraudulent attempts to obtain sensitive information such as usernames, passwords, and credit card details by disguising as a trustworthy entity in electronic communication.

• Identity theft: stealing someone's personal information to commit fraud, such as opening bank accounts or ap...read more

CVV is a security code on credit/debit cards. It is unique to each card and cannot be used with another card.

• CVV stands for Card Verification Value and is a 3 or 4 digit security code on credit/debit cards.

• It is used to verify that the person making the purchase actually possesses the card.

• CVV is unique to each card and cannot be used with another card.

• If someone has both the card number and CVV, they can potentially m

Fraud cases should be handled promptly and thoroughly to prevent further losses and protect the company's reputation.

• Investigate the fraud case thoroughly to determine the extent of the fraud and identify the perpetrator.

• Gather evidence such as transaction records, communication logs, and witness statements.

• Report the fraud to the appropriate authorities and cooperate with any investigations.

• Implement measures to preve...read more

Credit cards allow users to borrow money from the card issuer, while debit cards deduct funds directly from the user's bank account.

• Credit cards allow users to make purchases on credit, with the card issuer lending the money for the transaction.

• Debit cards deduct funds directly from the user's bank account at the time of purchase.

• Credit cards typically have a credit limit, while debit cards are limited to the available...read more

Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services.

• Wipro was founded in 1945 in India.

• It is one of the largest IT services companies in the world.

• Wipro offers services such as IT consulting, system integration, and outsourcing.

• The company has a presence in over 60 countries.

• Wipro is known for its innovation and digital transformation solut

Fraud is the intentional deception for personal gain or to cause harm.

• Fraud involves intentional deception or misrepresentation

• It is committed for personal gain or to cause harm

• Examples include identity theft, credit card fraud, and insurance fraud

Phishing is a type of cyber attack where fraudsters attempt to obtain sensitive information such as usernames, passwords, and credit card details by pretending to be a trustworthy entity.

• Phishing involves sending fraudulent emails or messages that appear to be from legitimate organizations, such as banks, in order to trick individuals into providing their personal information.

• Common phishing tactics in the banking sect...read more