DEV Community

How AI helps in Fraud Detection?

Praveen Mishra on February 14, 2020

Shocking but true! In its latest report, security company McAfee estimates that cybercrime currently costs the global economy some $600 billion, or...
Collapse
 
helajha profile image
helajha • Edited

As an e-commerce business owner, I rely on AI to help me detect fraud on my website. By analyzing user behavior and identifying patterns that indicate fraudulent activity, I can take steps to prevent chargebacks and other types of fraud. AI has definitely made my life easier and my business more secure. Website development company in Kerala

Collapse
 
alixnevison profile image
AlixNevison • Edited

Man, you are right. I feel the same, and I assure you that AI won't replace lawyers soon. Not even in ten years. Human interactions make a difference when solving any case. We play on emotions. To become a good lawyer, you have to know the laws better, but psychology even better. I know a lawyer who is the best, I assure you, he is Dr. Nick Oberheiden from federal-lawyer.com/dr-nick-oberhei...
This is his company. I have the pleasure to work with him when I encountered some accounting fraud in my own company. I ran an ac business. He helped me to find out who was behind it. Well, my advice is to test your employees as best you can.

Collapse
 
lisaalsop345 profile image
LisaAlsop345

So, this technology freaks me out. Soon, we won't need even lawyers. But, I bet that AI can't replace a lawyer.