Enabling Market Research Ecosystem to Safe Guard from Fraudsters

Fraud Cop Utilize AI/ML & Over the Year Insights in Cyber Security to bring Innovation in Shielding Research Industry

Fraud Detection With MR Buddies

Market is Full of Fraudsters - Hit them hard with FraudCops

Market research fraud and its impact on businesses has intensified recently, fueled by two contrasting viewpoints. On the one hand, everyone agrees that 70% to 80% of all market research data is fraudulent.

There is more uncertainty, however, about whether this fraud has a measurable impact on the outcomes of market research studies. One perspective, showcased in a recent report, alleges that fraud is a significant drain on corporate revenues, with billions of dollars in estimated losses.

1. Survey Panel Fraud:

Issue: Respondents providing false information to gain incentives.

Mitigation: Validate respondent information by using screening questions, ensuring quality control measures, and using reputable survey panels.

2.Duplicate Responses

Issue: Respondents submitting multiple responses.

Mitigation: Implement mechanisms to detect and filter duplicate responses, such as IP address tracking, cookies, and respondent validation checks.

3. Bots and Automation

Issue: Automated scripts completing surveys.

Mitigation: Employ CAPTCHA or other human verification methods to prevent automated responses. Regularly monitor response patterns for unusual behavior.

4.Fraudulent Identities:

Issue: Respondents using fake identities.

Mitigation: Validate respondent identities through multiple verification methods, and use secure and reputable survey platforms.

5. Speeding Through Surveys:

Issue: Respondents rushing through surveys without giving thoughtful responses.

Mitigation: Set minimum time requirements for completing surveys and include attention-check questions to ensure respondents are engaged.

6. Data Manipulation

Issue: Malicious attempts to alter or manipulate survey data.

Mitigation: Implement data validation checks, regularly audit survey data, and use secure platforms with encryption measures.

7.Survey Spoofing

Issue: Individuals pretending to be part of the target population.

Mitigation: Use screening questions to identify and exclude respondents who do not meet the survey criteria.

8.Incentive Fraud

Issue: False claims for incentives or rewards.

Mitigation: Verify eligibility for incentives and reward programs. Ensure that incentives are delivered only upon completion of the survey.

9.Fake Panel Companies

Issue: Fraudulent companies posing as legitimate survey panels.

Mitigation: Partner with reputable survey panel companies and verify their credentials. Research and authenticate the legitimacy of any new panel you consider using.

10.Anonymity Breach

Issue: Unintentional disclosure of respondent identities.

Mitigation: Prioritize respondent anonymity, use secure survey platforms, and adhere to data protection regulations.

11.Thin Client Fraud

Issue: Fraudster Take Remote Login In Other Countries

Mitigation: Fraud Cop Detects the same & terminate Fraudsters

12. Browser Spoofing Fraud

Issue: Unintentional disclosure of respondent identities.

Mitigation: Prioritize respondent anonymity, use secure survey platforms, and adhere to data protection regulations.

13.Data Centre Fraud

Issue: Unintentional disclosure of respondent identities.

Mitigation: Prioritize respondent anonymity, use secure survey platforms, and adhere to data protection regulations.

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