Criminals are increasingly exploiting AI technology to take over peopleโs mobile, banking and online shopping accounts, the UKโs leading anti-fraud body has warned.
Last year, a record number of scams were reported to the national fraud database, fuelled by AI, which allows for large-scale deception on โindustrialisedโ levels, according to Cifas, the fraud prevention organisation.
Its report showed 444,000 cases of
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