What is AI Fraud Detection? How To Prevent It Effectively

According to the DigitalOcean report, 37% of participants raised their cybersecurity budgets in order to purchase higher-quality security software. In the battle against digital fraud, AI fraud detection is clearly a significant breakthrough. So, What is AI fraud detection?
What makes many companies take it? How does it work? This article already provides all the necessary answers.
In addition to these, TechDictionary also offers some tips on setting up the most effective fraud detection AI system. Let’s find out now!
What is AI Fraud Detection?
Artificial intelligence (AI) fraud detection means using a group of algorithms to find and prevent fraudulent threats before they actually happen. These algorithms are trained with large volumes of data to identify suspicious patterns or an...
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