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Fraud detection is crucial for protecting businesses and consumers from financial losses.

Fraud detection involves analyzing patterns and anomalies in data to identify potential fraudulent activities.
Utilizing machine learning algorithms can help improve the accuracy of fraud detection systems.
Collaboration between different departments such as finance, IT, and legal is essential for effective fraud detection.
Regularly updating fraud detection strategies and staying informed about new fraud tactics is important to stay ahead of fraudsters.

Top HR questions asked in TTEC India Fraud Detection Analyst