Data analysis techniques for fraud detection

Fraud that involves cell phones, insurance claims, tax return claims, credit card transactions, government procurement etc. represent significant problems for governments and businesses and specialized analysis techniques for discovering fraud using them are required. These methods exist in the areas of Knowledge Discovery in Databases (KDD), Data Mining, Machine Learning and Statistics. They offer applicable and successful solutions in different areas of electronic fraud crimes.

Data analysis techniques for fraud detection

Fraud that involves cell phones, insurance claims, tax return claims, credit card transactions, government procurement etc. represent significant problems for governments and businesses and specialized analysis techniques for discovering fraud using them are required. These methods exist in the areas of Knowledge Discovery in Databases (KDD), Data Mining, Machine Learning and Statistics. They offer applicable and successful solutions in different areas of electronic fraud crimes.