Machine Learning - eBook (EN)

Why machine learning is essential in your fight against online fraud

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Claims fraud detection Insurance claims and applications for government benefits or entitlements, such as unemployment or medical assistance, can also be a source of online fraud. Common techniques include "padding" (claiming more than one is legitimately owed), submitting claims for nonexistent injuries or conditions, and identity theft (submitting a claim for another person without their consent). Amazon SageMaker can be used to help detect fake or fraudulent claims at the time of submission. This allows you to flag these claims for close review or inspection or to prompt for action to validate applicant details. Using machine learning to identify fraudulent claims can help you prevent financial loss and discourage repeat offenders. 13 13

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