Joseph E Bruce

US Patent:

20080162338, Jul 3, 2008

Filed:

Dec 30, 2006

Appl. No.:

11/648066

Inventors:

Maurice Samuels - Round Rock TX, US
Joseph Bruce - Austin TX, US
Cindi Lieblich - Dripping Springs TX, US

International Classification:

G06Q 40/00

US Classification:

705 38, 705 42

Abstract:

A method and system are provided for mitigating the risk of fraud in Internet banking. In an embodiment comprising an end user seeking access to the Internet banking site of a financial institution, the end user having already satisfied a first authentication requirement (such as providing a valid user id and password), the end user is required to satisfy a second authentication test when a measure of improbability associated with the login exceeds a threshold. The measure of improbability, in an embodiment, is based on the improbability of a combination of session statistics such as IP address, browser ID, hour of day, and time since the user's last valid login.