Scammers are now leveraging AI tools like OpenAI’s ChatGPT to create near-perfect phishing emails and deep-fake images and videos that can fool anyone.
We see an unprecedented level of sophisticated bots completing entire account-opening processes without any human intervention.
To fight back against AI-powered fraud, organizations need to adopt advanced technologies themselves.
This has led to a new era in fraud-fighting, where good machines must now face off against evil machines in a new battleground in the war against fraud.
Learn more about this and other issues the anti- fraud industry is facing in 2023 in this sobering article: