LearningCat: Red Flags and Anomalies

Identification of Red Flags in Frauds
Fraud is everywhere—banks, online stores, even small businesses. It’s a growing problem, and if you’re not careful, it’ll bite you hard. Fraudsters are sneaky, clever, and constantly finding new ways to get around systems. So, how do you stop them before they steal your money, time, or reputation? Simple: Spot the red flags. You need […]
Common Indicators of Fraud
Fraud is everywhere—whether it’s in a small business, a large corporation, or even in your personal life. Fraudsters are getting better at hiding their tracks, and sometimes it’s hard to tell when something’s off. But there are always signs. There are certain patterns, behaviors, and anomalies that give fraud away. Let’s break down some of […]
Anomaly Detection Techniques in Frauds
Businesses, financial institutions, and even governments suffer plenty of frauds and lose billions every year. According to the Global Economic Crime Survey 2024 report, 59% of businesses have borne financial as well as economic fraud in the last two years. Anomaly detection came as a weapon against frauds that are increasing day by day. This […]