What are some real-world applications of anomaly detection?
Anomaly detection is widely used in various fields. For example, in finance, it helps identify fraudulent transactions.
Can you give me more examples in healthcare?
Sure! In healthcare, anomaly detection can be used to monitor patient vitals and detect unusual patterns that may indicate health issues.
What about its use in cybersecurity?
In cybersecurity, anomaly detection is crucial for identifying potential threats by spotting unusual network behavior or access patterns.
Are there any case studies you can share?
Yes, one notable case study is how a bank used anomaly detection to reduce fraud by 30% by analyzing transaction patterns.
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