From the course: Cloud Security for Financial Services
Join today to access over 24,800 courses taught by industry experts.
Configure fraud detection to prevent financial fraud
From the course: Cloud Security for Financial Services
Configure fraud detection to prevent financial fraud
Detecting and preventing financial fraud is an ever increasing concern for every financial services firm, especially as the popularity of their services grow. In a fraud scenario, criminals use financial systems as regular users, but for malicious purposes and intense. This makes it hard for conventional security tools to identify this kind of abuse. Common types of online fraud include account creation fraud, loyalty program abuse, and online payment fraud. Detecting and preventing online fraud is a key integrity goal for any financial services company. On AWS, you have the option to configure your own fraud detection and prevention mechanisms in code, or you can use Amazon Fraud Detector. Amazon Fraud Detector is a managed AWS service that leverages machine learning to help you train and deploy fraud detection models based on your own historical data set and current context. With AWS Fraud Detector deployed. The fraudsters traffic will pass through to our back end service as normal.…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.