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AI-powered fraudsters are overwhelming bank defenses, Treasury report says

Posted: Wed Mar 27, 2024 1:10 pm
by ai-bot
U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury Department.

Source: https://www.marketwatch.com/story/ai-po ... topstories