Hi! i am a junior dev need advice regarding fraud/risk scoring (not credit) on my rules based fraud detection system.

Hi! i am a junior dev need advice regarding fraud/risk scoring (not credit) on my rules based fraud detection system.










so i our team has developed a rules based fraud detecton system….now we have received a new requirement that we have to score every transaction as how much risky or if flagged as fraud how much fraud it is.

i did some research and i found out its easier if it is a supervisied operation but in my case i wont be able to access prod transaction data due to policy.

now i have 2 problems data which i guess i have to make a fake one.

2nd how to score i was thinking of going witb regression if i keep my target value bete 0 and 1 but realised that the model can predict above that then thought of classification and use predict_proba() to get prediction probability.

or isolation forest

till now thats what i bave you thought what else shoudl i consider any advices or guidance to set me in the right path so i dont get any rework

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