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A research report by Experian highlights a significant rise in synthetic identity attacks and account takeover attacks within the Financial sector. The report indicates that 67% of respondents are struggling to keep up with the evolving fraud landscape. To combat these threats effectively, the report recommends implementing multiple layered defenses.
The potential applications of Artificial Intelligence (AI) are immense. AI aids us in everything from early cancer diagnoses to alleviating public administrative
The financial sector faces escalating threats in 2024, including deepfake fraud, phishing 2.0, blockchain exploitation, insider threats, and AI-powered fraud