#ai-fraud

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Information security
fromZDNET
3 hours ago

Beware of 'gift card draining' and two other top holiday scams, US Treasury warns

Holiday online activities like shopping, travel, donations, and digital payments are frequently exploited by scammers using AI and cryptocurrency; verify transactions and secure accounts.
Higher education
fromFortune
3 months ago

Colleges have a new worry: 'Ghost students'-AI powered fraud rings angling to get millions in financial aid

Colleges are battling AI-powered fraud rings that create synthetic 'ghost' students to exploit enrollment systems and financial aid, prompting new defense measures.
fromsfist.com
4 months ago

Sam Altman Warns of Coming AI-Created 'Fraud Crisis'

I am very nervous that we have an impending, significant, impending fraud crisis. A thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to move a lot of money.
Privacy professionals
Privacy technologies
fromZDNET
4 months ago

Fighting AI with AI, finance firms prevented $5 million in fraud - but at what cost?

Generative AI tools facilitate fraud while also assisting financial companies in preventing scams.
Artificial intelligence
fromVentureBeat
5 months ago

75 million deepfakes blocked: Persona leads the corporate fight against hiring fraud

AI-generated candidates pose a significant threat to corporate hiring, prompting companies to enhance identity verification measures.
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