Research
AI is powerful, for defenders and attackers. And it’s a
revolution that will change the financial landscape.
Financial services face significant fraud risks, with the majority of institutions having encountered at least one incident, prompting concerns among leaders about the potential for cybercriminals to leverage AI and machine learning to enhance traditional schemes. There are worries that AI could make existing fraudulent activities more sophisticated and difficult to detect, exacerbating the challenges faced by the financial sector.
In this whitepaper, we'll cover:
- Phishing schemes
- Business email compromise
- Account takeovers
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