<ul><li>Generative artificial intelligence, including deepfakes and advanced voice synthesis, has revolutionized fraud in payments and cybersecurity.</li><li>Cyberfraud using generative AI, such as deepfake videos and voice cloning, has become more prevalent and sophisticated, posing challenges for businesses to detect fraudulent activities.</li><li>AI-driven attacks now involve impersonation of executives through deepfake technology, leading to increased instances of fraudulent fund transfers and cyber scams.</li><li>To combat the rising threat of AI-driven fraud, businesses are adopting advanced fraud detection systems and emphasizing employee training and collaboration to enhance cybersecurity measures.</li></ul>

From Faked Invoices to Faked Executives, GenAI Has Transformed Fraud

Discover more