AI-Driven Fraud on the Rise, Financial Institutions Unprepared, Reveals Report

A caller study by Signicat, the European integer individuality and fraud prevention solutions provider, reveals that artificial quality (AI) is utilized successful implicit a 3rd of fraud attempts targeting fiscal institutions, with 1 successful 15 fraud attempts present utilizing deepfakes. The study, titled “The Battle against AI-driven Identity Fraud,” recovered that 42.5% of detected fraud […]