A new report reveals that AI-driven fraud now accounts for nearly half of all detected fraud attempts in the financial and payments industry.
As cybercriminals increasingly use artificial intelligence to carry out complex fraud attempts, the financial sector is in an exciting battle to protect its customers and assets. A new report from Rotterdam-based Signicat reveals that AI-driven fraud now accounts for 42.5% of all detected fraud attempts in the financial and payments sector. (Innovation Origins)