From deep fake scams and synthetic identity fraud to financial crimes and child sexual abuse material. The landscape continues to evolve at a rapid pace as AI provides users with enhanced capabilities. AI based AI-based or AI-driven threats and schemes can cost businesses millions of dollars a year. including both prevention and and falling prey to them. In one case, fraudsters used AI to clone a CEO's voice and authorize a wire transfer. (01:39–01:49)
CLAIM
Asserts that AI-related threats and schemes have significant financial impacts on businesses.
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