Management of alerts using a budget-dependent adjustable working threshold
Abstract:
Setting a budget of alerts for single or multiple risk score types, adjusting a working threshold based on the set budget, wherein adjusting the working threshold is done by defining an reference threshold for an alert, providing a history of recorded risk scores within a budget sliding interval window and adjusting the working threshold such that a number of alerts which would have been provided by the recorded risk scores is calculated to stay within the set budget, and using the adjusted working threshold to normalize and optionally combine incoming risk scores so as to determine whether an incoming risk score should receive an alert.
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