AI-Driven Fraud on the Rise, Financial Institutions Unprepared, Reveals Report
A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence (AI) is used in over a third of fraud attempts targeting financial institutions, with one in fifteen fraud attempts now using deepfakes. The study, titled “The Battle against AI-driven Identity Fraud,” found that 42.5% of detected fraud […]
Go to Source
Author: Bitcoin.com
Related posts:
- Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees
- AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets
- El Salvador Enhances Bitcoin Treasury Transparency With Launch of Dedicated Mempool Space
- Okx Launches in Australia With Comprehensive Crypto Services