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Amazon MLS-C01 Exam - Topic 4 Question 109 Discussion

A business to business (B2B) ecommerce company wants to develop a fair and equitable risk mitigation strategy to reject potentially fraudulent transactions. The company wants to reject fraudulent transactions despite the possibility of losing some profitable transactions or customers.Which solution will meet these requirements with the LEAST operational effort?
C) Use the Amazon Fraud Detector prediction API to approve or deny any activities that Fraud Detector identifies as fraudulent.
A) Use Amazon SageMaker to approve transactions only for products the company has sold in the past.
B) Use Amazon SageMaker to train a custom fraud detection model based on customer data.
D) Use the Amazon Fraud Detector prediction API to identify potentially fraudulent activities so the company can review the activities and reject fraudulent transactions.

Amazon MLS-C01 Exam - Topic 4 Question 109 Discussion

Actual exam question for Amazon's MLS-C01 exam
Question #: 109
Topic #: 4
[All MLS-C01 Questions]

A business to business (B2B) ecommerce company wants to develop a fair and equitable risk mitigation strategy to reject potentially fraudulent transactions. The company wants to reject fraudulent transactions despite the possibility of losing some profitable transactions or customers.

Which solution will meet these requirements with the LEAST operational effort?

Show Suggested Answer Hide Answer
Suggested Answer: C

Amazon Fraud Detector is a managed service designed to detect potentially fraudulent online activities, such as transactions. It uses machine learning and business rules to classify activities as fraudulent or legitimate, minimizing the need for custom model training. By using the Amazon Fraud Detector prediction API, the company can automatically approve or reject transactions flagged as fraudulent, implementing an efficient risk mitigation strategy without extensive operational effort.

This approach requires minimal setup and effectively allows the company to block fraudulent transactions with high confidence, addressing the business's need to balance risk mitigation and customer impact.


by Marica at Dec 09, 2024, 01:41 AM

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Joseph
8 months ago
B could be effective, but requires more effort to set up.
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Louvenia
8 months ago
Wait, can Fraud Detector really catch everything?
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Dan
8 months ago
A is too limiting, only past products?
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Johnetta
8 months ago
I disagree, D gives more control over the review process.
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Cammy
9 months ago
Option C seems like the easiest way to handle fraud detection.
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Frank
9 months ago
I think option D could work too, but it sounds like it would involve more manual review, which might not align with the goal of least operational effort.
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Daron
9 months ago
I feel like option C could be the best choice since it automates the approval process, but I wonder if it might miss some edge cases.
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Luisa
9 months ago
I'm not entirely sure, but I think training a custom model might require more resources than just using an existing API.
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Antonio
9 months ago
I remember we discussed using Amazon Fraud Detector in class, and it seemed like a straightforward option for minimizing operational effort.
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Alison
9 months ago
I'm leaning towards option C. Using the Amazon Fraud Detector API seems like the simplest and most straightforward solution to meet the requirements. It might be worth exploring that option further.
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Gail
9 months ago
Option B looks interesting, but I'm not sure if training a custom fraud detection model is the "least operational effort" as required. I'll need to consider the effort involved in that approach.
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Mila
9 months ago
I'm a bit confused by the wording of this question. It's not clear to me what the "least operational effort" means exactly. I'll need to think through the pros and cons of each option carefully.
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Kristian
10 months ago
This question seems straightforward. I think option D is the best choice since it allows the company to review potentially fraudulent activities and make the final decision on rejecting transactions.
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Rodrigo
2 years ago
Option A? Really? That's like trying to catch a thief by only watching the door they've used before. Not impressed.
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Justine
2 years ago
Option B sounds like the most comprehensive solution, but it might be overkill for this scenario. Hmm, tough call.
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Mariko
1 year ago
A: Yeah, it's important to find a solution that can efficiently detect fraud without causing too much disruption to the business.
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Elenore
1 year ago
B: I agree with you. Option C sounds like a good balance between effectiveness and operational effort.
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Mitzie
2 years ago
A: I think option C could be the best choice. It seems like a straightforward way to identify and reject fraudulent activities.
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Willow
2 years ago
I agree with Eve, option C seems like the most efficient solution.
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Eve
2 years ago
But option C allows for automatic approval or denial based on Fraud Detector's identification.
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Louvenia
2 years ago
I disagree, I believe option D is more effective.
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Tennie
2 years ago
I'd go with option D. Keeping human oversight on the process is important, even if it requires a bit more effort.
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Terrilyn
2 years ago
But using a custom fraud detection model could potentially be more accurate in identifying fraudulent transactions.
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Malcolm
2 years ago
I agree, having human oversight can help catch any false positives that the system might miss.
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Barrett
2 years ago
Option C seems like the easiest and most straightforward solution. Let the Fraud Detector do all the heavy lifting!
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Shawna
2 years ago
Let's go with option C then, it seems like the best solution for our needs.
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Brandon
2 years ago
I think it's important to prioritize security and fraud prevention, even if it means rejecting some profitable transactions.
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Blythe
2 years ago
It would definitely save us time and effort in manually reviewing potentially fraudulent transactions.
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Tamekia
2 years ago
I agree, using the Amazon Fraud Detector prediction API to approve or deny activities identified as fraudulent sounds efficient.
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Francesco
2 years ago
It's important to have a reliable system in place to catch fraudulent activities.
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Stefania
2 years ago
Using the Fraud Detector prediction API would definitely save us time and effort.
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Reyes
2 years ago
I agree, option C sounds like the most efficient choice.
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Bettye
2 years ago
Option C seems like the easiest and most straightforward solution. Let the Fraud Detector do all the heavy lifting!
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Eve
2 years ago
I think option C is the best choice.
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