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Fraud Capture: Identity Theft from a Data Science Perspective
DEV Community dev.to
In 2022, 1.1 million incidents of identity theft were reported through the Federal Trade Commission, resulting in $8.8 billion lost to fraud (1). Not only does this cost individuals and businesses money, but it also decreases trust between people and the companies they interact with. So, how can we stop bad actors without adding friction to good users in the digital world? While our goal is to prevent fraud, we still need to ensure that good consumers have as seamless …
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