According to Garland, the U.S. Attorney General, AI technology holds “great promise and the risk of great harm…”. As the use of AI becomes increasingly
In early Fiscal Year 2023, the U.S. Treasury Department made a significant stride in fraud prevention, recovering over $375 million by incorporating AI into their
AI in cybersecurity is like a double-edged sword. While it aids in fraud detection and analysis, it also arms criminals with sophisticated tools for scams,
With 86 divorces per hour and a total of 740,000+ divorces in a year, America has become a Herculean task for investigators seeking hidden assets.
According to a report by Juniper, global online payment fraud is projected to cost businesses over $343 billion from 2023 to 2027. This surge in
2023 has been a banner year for fraud in the U.S., with scams hitting record highs. Tech-savvy crooks are exploiting our digital world, leading to
We’ve just stepped into 2024, but let’s take a quick look back. The fraud detection and prevention market saw a massive surge in 2022, growing
Currently identified as the most rapidly expanding financial crime in the U.S., Synthetic Identity Fraud is on track to cause staggering losses estimated at US$23
