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Industry News: ESG5

    AI Increases Fraud Risk, Fintechs Say

    Nov 8, 2024 9:13:16 AM

    2024-11-05

    Cybersecurity Dive: Fraud is on the rise. Americans lost $10.2 billion to fraud in 2023, a 14% increase in reported losses compared to 2022, according to the Federal Trade Commission. And fraudsters are aided in no small part by advanced technology, according to the international police organization Interpol.

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    Topics:Global

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