<ul><li>Fraudsters are using AI tools to craft sophisticated scams that bypass standard security measures, posing a potential $9 trillion threat in 2024.</li><li>AI-driven threats like deepfakes, generative AI, and synthetic identity theft are projected to contribute to the rise in cybercrime costs, reaching $14 trillion by 2028.</li><li>Businesses need to be prepared for these evolving threats as traditional security measures may not be sufficient.</li><li>Chris Sham and his team at faceEsign are developing smart technology to counter deepfakes and AI-generated fraud by employing real-time analysis and dynamic countermeasures.</li></ul>

Chris D. Sham: The Game-Changing Solution to Generative and Synthetic AI Threats

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