One-Class SVM in Anomaly Detection
In the domain of anomaly detection, One-Class Support Vector Machines (OCSVM) serve as a robust and versatile tool designed to discern normal patterns from irregular occurrences. Notably, OCSVM takes a distinctive approach by training exclusively on the majority class, which represents normal instances, eliminating the need for labeled anomalous data during training. This is particularly advantageous in real-world scenarios where anomalies are rare, making it challenging to obtain sufficient labeled samples. The core principle of OCSVM involves defining a boundary around the normal instances in the feature space, achieved through a specified kernel function and a nuanced parameter termed “nu.” This parameter acts as an upper limit on the fraction of margin errors and support vectors, enabling users to fine-tune the model’s sensitivity to outliers. During the testing phase, instances falling outside this learned boundary are flagged as potential outliers, facilitating efficient anomaly identification. OCSVM’s adaptability extends to various applications, including fraud detection in financial transactions, fault monitoring in industrial systems, and network intrusion detection. Its innate ability to capture complex, non-linear relationships and its focus on the majority class make it a valuable asset in safeguarding systems against unexpected events and ensuring robust anomaly detection across diverse domains. In this article, we will implement credit card anomaly detect using OCSVM further.
Understanding One-Class Support Vector Machines
Support Vector Machine is a popular supervised machine learning algorithm. it is used for both classifications and regression. In this article, we will discuss One-Class Support Vector Machines model.