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Main Subject - How to Prevent Fraud on Your Website
As the growth of the internet has exploded, so has the
number of attempts to exploit the powerful medium. In this day and age, even
smal
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
l websites have to worry about protecting themselves from fraud. What are
some ways that the small business owner can protect their e-comm
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
erce website
from these fraudsters? The following article will suggest some easy preventative
actions that can thwart online fraud.
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
>
Review Every Order: Although it may be very tedious, the benefits
of reviewing every order are many. In many cases, simply sp
of reviewing every order are many. In many cases, simply sp
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
nding 10 seconds
looking at an order will catch many obvious cons. For example, if the first
name is something like "fasdfsdf" than you pr
looking at an order will catch many obvious cons. For example, if the first
name is something like "fasdfsdf" than you pr
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
obably don't have a legitimate
order. Many fraudsters are simply testing credit cards and have no intention
of actually receiving merchand
order. Many fraudsters are simply testing credit cards and have no intention
of actually receiving merchand
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
ise. However, if not reviewed, orders like this
can accidentally be shipped and the merchandise will be lost.
Watch for Obviou
can accidentally be shipped and the merchandise will be lost.
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
Signs: The following are common signs of fraud:
- Order contains large quantities of the same item
- Order contains most
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
expensive products available (they don't are about
the price when its not their money)
Overnight shipping (fraudsters want to re
the price when its not their money)
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
ceive the order before the
credit card is reported stolen)
Billing and Shipping name and address different from each other
credit card is reported stolen)
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
li>US billing address, foreign shipping address
Email address from a free account provider (Yahoo, Hotmail, Gmail, etc)
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
>
Implement IP Address Blocking: Most credit card processors provide
you with the ability to block certain IP address fr
you with the ability to block certain IP address fr
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
om visitors who repeatedly
are attempting credit card transactions. If the transaction meets certain
criteria, you can have the visitor re
are attempting credit card transactions. If the transaction meets certain
criteria, you can have the visitor re
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
directed to an error page that contains
the info for your customer service.
Watch for Email Bounces: Most websites automat
the info for your customer service.
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
cally send emails to
customers once an order has been submitted. Since many fraudsters use invalid
email addresses, its important to monit
customers once an order has been submitted. Since many fraudsters use invalid
email addresses, its important to monit
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
or which orders come back with an
invalid email bounce. It's important to take the above suggestions with a grain of salt. Whi
invalid email bounce. It's important to take the above suggestions with a grain of salt. Whi
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
le all
of these ideas will be helpful, you can't take any single one in isolation or
you might flag a legitimate order as fraud. Usually
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
a fraudulent order will
manifest many of the above signs, not just one. The website owner must always
live by the ethic that its better
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
to flag a fraudulent order as legitimate
rather than flagging a legitimate order as fraud.
While online fraud will never be fully prevent
While online fraud will never be fully prevent
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
ed, there are many ways to
mitigate it. Hopefully, the above ideas will help you filter out these annoying
criminals as much as possible
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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