A senior government official has commented on Artificial Intelligence’s (AI) impact on fraudulent activity following the release of research data by Starling Bank, a leading UK digital challenger bank. Starling’s data showcases…
Tag: threat
Monzo reacts to UK fraud threat with trio of prevention features
Source: Monzo Monzo has added new fraud prevention tools at a time of heightened regulatory and industry focus on the impact scams are having on UK consumers. The UK’s largest digital bank…
“The arms race is on” – AU10TIX’s Ofer Friedman on the AI deepfake threat
Deepfakes are a widely feared although not always fully understood phenomenon which has entered public discourse in recent years, particularly in the realms of social media. The risks these Artificial Intelligence (AI)…
IOSCO issues new warning addressing the rising threat of online fraud
Shutterstock The International Organisation of Securities Commissions (IOSCO) has issued a warning relating to the heightened risk of online investment fraud and scams for retail investors. In particular, IOSCO highlights that dangers…