{"product_id":"fraud-analytics-using-descriptive-predictive-and-social-network-techniques","title":"Fraud Analytics Using Descriptive, Predictive, and Social Network Techniques","description":"\u003cb\u003eDetect fraud earlier to mitigate loss and prevent cascading damage\u003c\/b\u003e \u003cp\u003e\u003ci\u003eFraud Analytics Using Descriptive, Predictive, and Social Network Techniques \u003c\/i\u003eis an authoritative guidebook for setting up a comprehensive fraud detection analytics solution. Early detection is a key factor in mitigating fraud damage, but it involves more specialized techniques than detecting fraud at the more advanced stages. This invaluable guide details both the theory and technical aspects of these techniques, and provides expert insight into streamlining implementation. Coverage includes data gathering, preprocessing, model building, and post-implementation, with comprehensive guidance on various learning techniques and the data types utilized by each. These techniques are effective for fraud detection across industry boundaries, including applications in insurance fraud, credit card fraud, anti-money laundering, healthcare fraud, telecommunications fraud, click fraud, tax evasion, and more, giving you a highly practical framework for fraud prevention.\u003c\/p\u003e \u003cp\u003eIt is estimated that a typical organization loses about 5% of its revenue to fraud every year. More effective fraud detection is possible, and this book describes the various analytical techniques your organization must implement to put a stop to the revenue leak.\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eExamine fraud patterns in historical data\u003c\/li\u003e\n\u003cli\u003eUtilize labeled, unlabeled, and networked data\u003c\/li\u003e\n\u003cli\u003eDetect fraud before the damage cascades\u003c\/li\u003e\n\u003cli\u003eReduce losses, increase recovery, and tighten security\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eThe longer fraud is allowed to go on, the more harm it causes. It expands exponentially, sending ripples of damage throughout the organization, and becomes more and more complex to track, stop, and reverse. Fraud prevention relies on early and effective fraud detection, enabled by the techniques discussed here. \u003ci\u003eFraud Analytics Using Descriptive, Predictive, and Social Network Techniques\u003c\/i\u003e helps you stop fraud in its tracks, and eliminate the opportunities for future occurrence.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54231926800728,"sku":"9781119133124","price":47.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9781119133124.jpg?v=1780392647","url":"https:\/\/agendabookshop.com\/products\/fraud-analytics-using-descriptive-predictive-and-social-network-techniques","provider":"Agenda Bookshop","version":"1.0","type":"link"}