#ai-fraud

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fromFortune
1 week ago

Colleges have a new worry: 'Ghost students'-AI powered fraud rings angling to get millions in financial aid

Colleges are battling AI-powered fraud rings that create synthetic 'ghost' students to exploit enrollment systems and financial aid, prompting new defense measures.
fromsfist.com
1 month ago

Sam Altman Warns of Coming AI-Created 'Fraud Crisis'

I am very nervous that we have an impending, significant, impending fraud crisis. A thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to move a lot of money.
Privacy professionals
Privacy technologies
fromZDNET
1 month ago

Fighting AI with AI, finance firms prevented $5 million in fraud - but at what cost?

Generative AI tools facilitate fraud while also assisting financial companies in preventing scams.
Artificial intelligence
fromVentureBeat
2 months ago

75 million deepfakes blocked: Persona leads the corporate fight against hiring fraud

AI-generated candidates pose a significant threat to corporate hiring, prompting companies to enhance identity verification measures.
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