Fraud Analytics Case Study: A Must Need for You
As internet transactions have increased, so have phishing, malware, and identity theft. Cybercriminals research ways to break into networks and steal data to conduct fraud. So, how can organisations maintain their relevance and provide digital trust through efficient and effective fraud analytics that help prevent cybercrime and financial losses? This blog provides a comprehensive overview of fraud analytics. What is Fraud Analytics? To better understand and avoid fraud, fraud analytics case study employs big data analytics. By analysing massive amounts of data, big data finds trends, correlations, and patterns. Businesses and financial organisations rely on experts to gather, process, and evaluate massive statistics so they can make educated decisions. To further aid in the detection and management of fraud and associated risks, fraud analytics makes use of BI, AI, and machine learning. Businesses can save both time and money with the analytics’ assistance in preventing fut...