Company Filing History:
Years Active: 2010-2020
Title: Akbar A Thobhani: Innovator in Online Fraud Prevention
Introduction
Akbar A Thobhani is a notable inventor based in Santa Monica, CA (US). He has made significant contributions to the field of online security, particularly in the area of fraud prevention. With a total of 5 patents to his name, Thobhani's work is instrumental in enhancing the safety of online transactions.
Latest Patents
One of Thobhani's latest patents is a system and method for identifying and preventing online fraud. This invention focuses on detecting fraudulent situations during the transaction phase. In one embodiment, the system monitors for activities that fall outside the normal range for the general population or for a specific user. The normal range can be rule-driven, taking into account factors such as the size of a purchase, frequency of purchases, and the identity of the equipment being used for the transaction. The rules can be adjusted based on the user's history and duration as a customer. Additionally, device IDs are utilized to identify fraudulent users, which may include a 'fingerprint' of the user's equipment or a 'cookie' that recognizes the user to the fulfillment system. If fraud is detected, the system interrupts the transaction to protect the user.
Career Highlights
Thobhani's career is marked by his innovative approach to online security. His work at Stamps.com Inc. has positioned him as a key player in developing technologies that safeguard online transactions. His inventions not only enhance user security but also contribute to the overall integrity of e-commerce.
Collaborations
Thobhani has collaborated with notable colleagues such as Craig Leonard Ogg and Kyle Huebner. These partnerships have fostered a creative environment that encourages the development of cutting-edge solutions in the field of online fraud prevention.
Conclusion
Akbar A Thobhani's contributions to online security through his innovative patents are vital in the fight against fraud. His work continues to influence the landscape of e-commerce, ensuring safer transactions for users worldwide.