AI amplifying fraud at ‘staggering’ rate, security watchers warn


“We’ve never seen such an increase in fraud as we’ve seen recently. It is not a linear curve, it is accelerating and accelerating. The threat actors, the people who don’t have any values in life and are willing to abuse the elderly, people in need, they are doing it faster, more convincingly and at scale,” warned André Boucher, chief technology officer at National Bank.



Source link

  • Related Posts

    Toronto mourns the ‘selfless’ force behind The Real Jerk: ‘The life of the party’

    Ed Pottinger, co-founder of the landmark Caribbean restaurant, which hosted everyone from the local community to Rihanna and Drake, has died at 69. Source link

    Most Kingstonians want statue of Sir John A. Macdonald back: poll

    When asked whether it’s important that Kingstonians learn more about the legacy of Canada’s first prime minister, including his accomplishments as a founder of Canada and his role in the…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    First Thing: Israel says Iran’s security chief Ali Larijani killed in airstrike | US news

    First Thing: Israel says Iran’s security chief Ali Larijani killed in airstrike | US news

    NC State preview: Texas Longhorns face familiar foe in First Four

    NC State preview: Texas Longhorns face familiar foe in First Four

    How the numbers undermine Doug Ford’s flight of fancy on Billy Bishop and jets

    U.S. government confirms Tesla and LG Energy Solution large battery deal

    U.S. government confirms Tesla and LG Energy Solution large battery deal

    Toronto mourns the ‘selfless’ force behind The Real Jerk: ‘The life of the party’

    Toronto mourns the ‘selfless’ force behind The Real Jerk: ‘The life of the party’

    On the decentralisation of money, contracts, and finance using blockchain