Method and apparatus for using sensors on a portable electronic device to verify transactions

A system, comprising:

• a non-transitory memory;
• and
• one or more hardware processors coupled to the non-transitory memory and configured to read instructions from the non-transitory memory to cause the system to perform operations comprising:
• detecting an attempt to conduct an electronic transaction using an electronic device, the electronic device containing one or more sensors;
• analyzing, in response to the detecting, data gathered by the one or more sensors to estimate one or more current statuses of the electronic device;
• comparing the estimated one or more current statuses of the electronic device with one or more expected statuses of the electronic device according to a model;
• and
• generating an alert in response to the comparing indicating that at least one of the estimated current statuses of the electronic device is inconsistent with the expected statuses of the electronic device.

A non-transitory machine-readable medium having stored thereon machine-readable instructions executable to cause a machine to perform operations comprising:

• detecting that an electronic device is attempting to conduct a first type of electronic transaction, the electronic device containing one or more sensors;
• estimating, in response to the detecting, one or more present statuses of the electronic device via the one or more sensors;
• accessing a model that correlates one or more expected statuses of the electronic device with the first type of electronic transaction, the model being established based sensor data gathered by the one or more sensors during a plurality of previously-conducted first type of transactions using the electronic device;
• comparing the estimated one or more present statuses of the electronic device with the one or more expected statuses;
• and
• generating an alert in response to the comparing indicating that at least one of the estimated present statuses of the electronic device is inconsistent with the expected statuses of the electronic device.