ANTI-FRAUD TEAMS’ NEW YEAR RESOLUTION SHOULD BE ASSESSING ARTICIFICIAL INTELLIGENCE SCAM RISKS
January 13th, 2024
While the basic principle of fraud – obtaining property by deception – holds as true today as ever – one New Year resolution for anti-fraud teams should be assessing the risks posed by recent technologies such as artificial intelligence (AI). Combined with the general Covid-19-inspired shift towards online living, AI has offered fraudsters new weapons and wider targets for this year and beyond.
Indeed, advances in AI – notably the wide and free (or cheap) accessibility to systems offered by LLM (large language models), such as ChatGPT, are democratising ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.