Carnegie Mellon University Open-Sources New Algorithm to Detect Online Fraud
CMU has developed a new algorithm to detect online fraud. “The method, called FRAUDAR, marks the latest escalation in the cat-and-mouse game played by online fraudsters and the social media platforms that try to out them. In particular, the new algorithm makes it possible to see through camouflage that fraudsters use to make themselves look legitimate, said Christos Faloutsos, professor of machine learning and computer science. In real-world experiments using Twitter data for 41.7 million users and 1.47 billion followers, FRAUDAR fingered more than 4,000 accounts not previously identified as fraudulent, including many that used known follower-buying services such as TweepMe and TweeterGetter.” A link to the open-sourced algorithm is in the article.