An AI System for Fraud Detection in the Cloud
A business opts for the services of a cloud computing provider to ensure the security and continuous availability of its data and computing services. Yet, cloud computing comes with its fair share of challenges. The main challenge of cloud computing is security. Many businesses have experienced fraud and other unauthorised activities with their service providers. The nature of fraud activities in a cloud environment includes unauthorised access to a user account, fraudulent transactions, account hijacking, and loss of customer data. One effective approach to dealing with fraud in a cloud environment is to use Artificial Intelligence (AI) systems. AI systems help to detect and prevent fraud in real time. Traditional systems help to detect fraud by setting rules and restrictions. However, with the help of AI systems, businesses can learn and understand the normal activities and behaviours of their customers and alert the administrators of the organisation in case of any abnormal ...