| CPC H04W 12/67 (2021.01) [G06Q 20/325 (2013.01)] | 17 Claims |

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1. A system comprising:
a memory device; and
a processor communicatively coupled to the memory device, the memory device storing computer-executable instructions, that when executed by the processor, cause the processor to perform operations comprising:
receiving, from a mobile device of a consumer, a Wi-Fi network risk assessment request, the Wi-Fi network risk assessment request associated with a Wi-Fi network connection of the mobile device;
upon receiving the Wi-Fi network risk assessment request, retrieving a plurality of connection-related data from the mobile device, the connection-related data being associated with the Wi-Fi network connection and one or more other Wi-Fi networks in range of the mobile device;
performing a Wi-Fi risk assessment of the Wi-Fi network connection based on the connection-related data;
transmitting a result of the Wi-Fi risk assessment to the mobile device for presentation via a user interface of the mobile device;
transmitting the result of the Wi-Fi risk assessment to an issuer server, the issuer server being associated with a payment account of the consumer; and
based on the result exceeding a predetermined threshold value, transmitting a step-up authentication alert to the issuer server,
said operation of performing the Wi-Fi risk assessment further comprising:
determining a respective Wi-Fi security parameter for each of the Wi-Fi network connection and the one or more other Wi-Fi networks;
based on the Wi-Fi security parameters, generating a security factor for the Wi-Fi network connection;
determining a respective channel frequency for each of the Wi-Fi network connection and the one or more other Wi-Fi networks; and
based on the respective channel frequencies, generating a channel frequency factor for the Wi-Fi network connection.
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