CHATGPT AND RELATED AI SYSTEMS CAN AID ANTI-FRAUD, BUT ALSO HELP FRAUDSTERS
July 21st, 2023
The advent of large language model (LLM) artificial intelligence systems such as ChatGPT could be a major boon for anti-fraud professionals – but as with any innovative technology, it must be handled with care as the risks are assessed, experts warn.
An Association of Certified Fraud Examiners (ACFE) report issued in June ‘Combatting Business-to-Business Fraud: Benchmarking Report’, (1) indicates that business investment in artificial intelligence anti-fraud systems is rising. It concluded after an international survey that 27% of larger companies already ...
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