Lawmakers are hoping to address the increasing use of artificial intelligence by fraudsters in a new proposal that would seek to expand penalties for AI scams and criminalize the impersonation of ...

TruthScan, a deepfake detection software, aims to protect both consumers and enterprises from AI-related fraud attacks.

Money laundering is on the rise, analysts say, as criminals exploit new technologies like artificial intelligence, crypto, ...

AI is a particularly powerful tool in the hands of fraudsters. Fraud powered by generative AI is only limited by the criminal's imagination. When it comes to preventing financial fraud, many experts ...

AI is changing the game for banks and fraudsters alike. AI enables financial institutions to protect against fraud by detecting anomalies and analyzing patterns of behavior at scale—all in a split ...

With new technologies on the rise, cybercriminals are turning to AI to help them advance more sophisticated and more relentless fraud attacks on their targets. They rely on ignorance and trust, hoping ...

Forbes contributors publish independent expert analyses and insights. I write about the economics of AI. In early 2024, The Guardian reported that U.K. engineering firm Arup lost $25 million to a ...

Do you think you can tell the difference between a real person and an AI-generated clone? New research finds you probably can’t. Artificial intelligence isn’t just blurring the lines between what’s ...

Dubai Police urged anyone who suspects a fraud attempt to report it immediately through the Dubai Police smart app, by ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This form of manipulation is one of the fastest-growing threats facing ...

UK Finance noted that when we imagine the future of fraud, it can be quite easy to picture Hollywood-type chaos: sophisticated deepfake heists, so-called AI super-hackers, and trust in digital ...