Fraud protection refers to measures and strategies designed to prevent, detect, and respond to fraudulent activities. This can include monitoring transactions for unusual behavior, using encryption to secure sensitive information, and implementing identity verification processes. Businesses and individuals alike can benefit from these protective measures to safeguard their finances and personal data. Many financial institutions, such as banks and credit card companies, offer fraud protection services to their customers. These services may include alerts for suspicious transactions, zero liability policies for unauthorized charges, and assistance in recovering lost funds. By utilizing these resources, consumers can better protect themselves against potential fraud.