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Gen AI-related fraud growing threat to financial services

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Gen AI-related fraud growing threat to financial services


Generative AI-driven fraud is an escalating threat to the financial services industry, with increasingly sophisticated tactics being employed.  Losses tied to gen AI are projected to reach $40 billion by 2027, up from $12.3 billion in 2023 — a 32% compound annual growth rate — according to the Deloitte Center for Financial Services.   The […]



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